532 Bayview Drive
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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, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Listed by Coldwell Banker Realty | $4,399,000 | |
| Listed by Coldwell Banker Realty | |||
| Sep 20, 2019 | Sold | ||
| Sold | |||
| Sep 5, 2019 | Listed by Strock Real Estate | $3,250,000 | |
| Listed by Strock Real Estate | |||
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Here are the reasons why after seeing this home you will go blind to all other listings: 1) This is one the most dramatic and largest oceanfront lots in the neighborhood. 2) This single-level floor plan is filled with natural light and has serene views overlooking Rio Del Mar Beach. 3) Bayview Drive is one of the most coveted streets in Santa Cruz County due to the incredible old-growth trees and the diverse architecture in the surrounding homes. 4) Soaring open beamed ceilings offer sophistication and elegance. 5) The floor plan is excellent for guest accommodations. 6) There is good beach access within easy walking distance. 7) No other homes in this area have a three-plus car garage. After viewing this home, you will go blind to all other properties, nothing else even compares.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017