487 Lincoln Drive
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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%.
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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.
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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 9, 2021 | Sold | ||
| Sold | |||
| Jun 5, 2020 | Listed by Century 21 Real Estate Alliance | $1,775,000 | |
| Listed by Century 21 Real Estate Alliance | |||
| Sep 11, 2018 | No longer available | - | |
| No longer available | |||
| Sep 5, 2018 | Listed | $680,000 | |
| Listed | |||
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Spectacular Ocean View Hobson Heights! 17,993 sqft lot. Custom ~ 4,000+ sqft Project Beautify luxury home burned in the Thomas fire. Amazing ocean views. To be sold with custom design for a 2,800 sqft 3BD + 2BA Project Beautify luxury home or full set of architectural plans for the original Project Beautify 4,000 + sqft, 4BD + 4 BA home. See photos for details.
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| Jul 29, 2017 | Listed | $2,250,000 | |
| Listed | |||
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Captivating Ocean Island & Canyon Views w/unparalleled Design! Project Beautify/ The Roger Understiller Family presents you w/ this exquisite home. The 4 bedroom 4 bath aprrox. 4,000 sqft. home has been masterfully renovated from the inside out. Boasting an ocean view gourmet chef's kitchen that includes a stunning over 9ft waterfall marble island, Jenn-Air stainless steel appliances, quartz countertops, a microwave drawer, customized tile back splash, & a custom range hood. The butlers pantryw/ a vintage glass wall has a full size wine fridge, a beverage fridge, second dishwasher and sink. The seamless indoor/outdoor living is achieved by an accordion style door that opens to panoramic ocean, canyon views from the great room. Enjoy the spectacular surround sound home theater/media room. Fireplace in the living room. Spa-like master suite where you can retreat to your ocean view terrace. There is a built-out walk-in closet, master bath has a soaking tub, luxurious dual headed shower,dual vanity, & access to the deck. Hobby room, 2-car garage, spacious laundry/utility room. Sonos wireless speaker system throughout & state of the art Ring front door security system. Too many other features to mention. This is a spectacular one-of-kind home! The manager has listed the unit size as 3950 square feet.
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About San Buenaventura (Ventura)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017