5 Oceanfront Lane
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%.
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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.
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 |
|---|---|---|---|
| Oct 12, 2025 | Price Decreased |
$7,588,000
↓ $662K
(8%) | |
| Price Decreased | |||
| Aug 13, 2025 | Listed | $8,250,000 | |
| Listed | |||
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The Strand at Headlands – Final Opportunity to Build Your Dream Home. *** These renderings are conceptual, currently in the approval process and are subject to change ***
This is your chance to secure the last available homesite in the coveted guard-gated community of The Strand at Headlands. Spanning approximately 9,047 square feet and boasting about 71 feet of mesmerizing ocean-view frontage just 459 feet from the sand, this rare parcel offers unobstructed, sweeping vistas—from the dramatic Headlands to Catalina Island and stretching north as far as the eye can see.
Positioned to capture some of Southern California’s most breathtaking sunsets, this build-ready lot is your blank canvas to create a coastal masterpiece worthy of its world-class setting.
Residents of The Strand enjoy an extraordinary lifestyle with world-class amenities, including a private oceanfront clubhouse with lounge, state-of-the-art fitness center, and a recently revitalized pool and spa overlooking the Pacific. The community’s offerings extend to a pristine half-mile stretch of Strand Beach, scenic Headlands walking trails, the picturesque Dana Point Harbor, a 9,000 sq. ft. private Beach Club, and 24-hour guarded security.
Just moments from the Ritz-Carlton, Monarch Beach Resort, The Montage, and premier shopping, dining, and beaches, this exceptional property combines rarity, beauty, and location into one unparalleled offering.
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| Aug 18, 2021 | Sold | ||
| Sold | |||
| Mar 4, 2019 | Listed by Coldwell Banker Realty | $4,690,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017