509 Lincoln Boulevard
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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%.
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 15, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Listed by Compass Greater NY LLC | $1,200,000 | |
| Listed by Compass Greater NY LLC | |||
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Discover this exceptional East End home, freshly renovated and perfectly positioned just minutes from Long Beach’s sandy shoreline with incredibly low flood insurance of $1045 per year! Designed for comfort, style, and effortless entertaining, this residence offers a rare blend of generous interior space and coveted outdoor living. The main level welcomes you with a bright, open living room, a dedicated private office, and two additional sitting rooms ideal for gatherings, lounging, or flexible use. A formal dining room with sliding glass doors leads to a beautifully enclosed outdoor space with direct yard access and two outdoor showers plus bike storage room — a seamless setup for year-round enjoyment. The modern kitchen delivers abundant cabinetry, excellent prep space, and a nearly new wall-mounted gas boiler (less than 2 years old).
Upstairs features four over sized bedrooms, including two king-sized rooms, and a fully renovated bath with a double vanity and private en-suite access from a primary bedroom. Just two blocks from the park and a few blocks from the ocean, this move-in-ready home offers the perfect East End lifestyle: spacious, updated, close to shopping, dining, and NYC transportation. Living is easy with extremely low taxes, and owned solar panels!
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| Oct 6, 2019 | No longer available | - | |
| No longer available | |||
| Aug 31, 2019 | Listed by Douglas Elliman Real Estate | $649,000 | |
| Listed by Douglas Elliman Real Estate | |||
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SUNKISSED HOME & SOLAR PANELS*4 Spacious Bedrooms & 2Bths w/Office &ALL Open Layout, Large Kitchen for Chefs Delight*On Demand HW Heater* Base Board Hot Water Heat* Upstairs Bath has Double Sinks & Stand Up Shower. Washer & Dryer Room.**Very Large Open Sun Room in Back.2 Outdoor Showers.Desirable Location: Faux Fireplace in Living Room for Decorative Purposes. 1st Floor has Wood Floors* Light Fixtures are Exclusions* Close to Open Bay & Minutes to Atlantic Ocean* Come Enjoy Long Beach, New York*
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About East End North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017