20
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16 Potbelly Beach Road
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 |
|---|---|---|---|
| Jul 28, 2026 | Listed by Coldwell Banker Realty | $2,150,000 | |
| Listed by Coldwell Banker Realty | |||
| May 15, 2025 | Price Decreased |
$2,395,000
↓ $355K
(12.9%) | |
| Price Decreased | |||
| Jan 2, 2025 | Listed | $2,750,000 | |
| Listed | |||
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Owned by the same family for 71 years, this Potbelly Beach property is part of a private and exclusive gated community of 17 beachfront homes situated next to New Brighton State Beach. This is a rare opportunity to purchase a home in what many consider to be the best beachfront location in all of Santa Cruz County. Enjoy ocean living, gorgeous sunsets, sea lions, diving pelicans and dolphins, including views of whales and thousands of sooty shearwater during their annual migrations. The existing cozy three bedroom, one bath summer cabin with open water views from the living room and expansive deck is mere steps to the sand. It provides a great venue for entertaining multiple generations of family and friends, while still giving you an opportunity to expand or custom build your year-around dream home in the future if you so desire. Minutes away from Capitola Village, Aptos and Santa Cruz, this property is also close to Highway 1 and your commute north or south.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017