101 Ocean Drive
About This Property
This stunningly remodeled coastal home at Capo Beach Cottages is an absolute must-see! Every inch of this 3-bedroom, 2-bath home has been thoughtfully upgraded, making it a true standout.
Step into a bright and modern interior featuring luxury vinyl plank flooring, fresh interior paint, and custom 5.5" base molding for a polished finish. The kitchen has been beautifully enhanced with painted cabinets, recessed lighting, and a brand-new vanity and countertop installation in the baths.
Relax in your private living spaces, complete with an upgraded fireplace, brand-new skylights that bathe the kitchen in natural light, and custom barn doors that add both style and functionality.
Enjoy the ocean breeze on your Trex deck-a low-maintenance, long-lasting upgrade perfect for entertaining or soaking in the sunsets. Exterior upgrades include a new roof with lifetime shingles, cleaned and repaired gutters, and a fully leveled foundation with updated piers and locking jacks, meeting modern safety codes.
Additionally, this home has been equipped with convenient features like GFCI outlets, a dryer vent to the exterior, a water pressure regulator, and more.
Located in the coveted 55+ Capo Beach Cottages community, you'll enjoy exclusive access to a private beach, a clubhouse with a fireplace, a pickleball court, BBQ facilities, and a year-round heated saltwater pool.
This is coastal living at its finest! Come see the incredible transformation of this move-in-ready home and experience the lifestyle you've always dreamed of.
Monthly space rent: $4,146.25
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | Listed by Re/Max Coastal Homes | $499,000 | |
| Listed by Re/Max Coastal Homes | |||
| May 15, 2022 | No longer available | - | |
| No longer available | |||
| Apr 5, 2022 | In contract | - | |
| In contract | |||
| Mar 13, 2022 | Listed by Luxre Realty, Inc. | $335,000 | |
| Listed by Luxre Realty, Inc. | |||
| | |||
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FRONT ROW UNOBSTRUCTED OCEANVIEWS!!! Rarely offered Beach Row living at Capo Beach Cottages. The manager has listed the unit size as 1400 square feet.
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About San Clemente
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017