560 Lancaster Street
About This Property
One of the most desirable locations in Cambria Pines by the Sea... ideally located with just a short walk to Moonstone Beach, Shamel Park, the Fiscalini Ranch Preserve (417 acres of protected forest and ocean front trails and meditation benches), and to the Village of Cambria... this charming home is perfectly situated for maximum lifestyle enjoyment! Nearly fully remodeled and updated, this two-bedroom, two-bath home enjoys an open floor plan with a great room (kitchen, living and dining) featuring vaulted ceilings with windows that flood the home with gentle sunshine. An oversized kitchen island with leathered granite countertop is the centerpiece of the great room, perfect for entertaining. New custom cabinets for a clean, upgraded appearance with plenty of storage, this great room just feels comfortable and relaxing... bring your friends and family! New floors throughout, new paint, appliances, cabinets, Milgard double-pane windows and slider, top to bottom custom upgrades throughout. New garage door + opener and new roof in 2024.
The great room opens onto an oversized fenced back yard on a 5,250 square foot parcel (three lots) with a bonus newly landscaped front yard with space perfect for a gathering by a fire pit. Also featured is an oversized attached two car garage with a new modern garage door and opener as well as a new roof....
Looking for your perfect seaside cottage in a ideal location that is move-in ready? You've found it!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 8, 2025 | Price Decreased |
$995,000
↓ $55K
(5.2%) | |
| Price Decreased | |||
| Feb 8, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by Coldwell Banker Kellie & Assoc | $1,049,500 | |
| Listed by Coldwell Banker Kellie & Assoc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017