1545 Lincoln Avenue
About This Property
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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 |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | Listed by eXp Realty of California Inc | $2,550,000 | |
| Listed by eXp Realty of California Inc | |||
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Nestled on a corner lot in Capitola's coveted Jewel Box neighborhood, this pristine beach retreat offers the perfect blend of modern design and coastal living. Walk to beaches & wharf! Built in 2012 & impeccably maintained as a second residence, this 1,600 sf home feels like new. Featuring three spacious primary suites-including a ground-level option-this home is designed for relaxation & convenience. The bright, open-concept great room boasts vaulted ceilings, crown molding, a cozy three-way gas fireplace, & wood floors, creating an inviting space to entertain. The well-equipped kitchen shines with stainless steel appliances, Quartz countertops, a large island with a breakfast bar & a generous dining area. Step outside to the sunny, private backyard patio-perfect for al fresco dining. Additional highlights include a tile roof, on-demand hot water heater, and a 1-car garage with ample driveway & street parking. Located just a short stroll to the Village, beaches, & iconic landmarks like the Shadowbrook Restaurant, this property is also close to shopping, dining, parks & the newly built Capitola Library. This rare opportunity to own a beachside sanctuary in a prime location won't last long. Experience the best of Capitola living!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017