5828 LINCOLN ROAD
About This Property
Beach! ASSUMABLE MORTGAGE at 3.25% interest rate. Welcome to this updated 4-bedroom, 2-bathroom home with a dedicated office and a comfortable living space in sunny Venice, Florida. Situated just under 3 miles from the pristine shores of Manasota Beach, this residence offers the ideal combination of coastal living, comfort, and convenience. Step inside to vaulted ceilings with exposed wood beams in the living room, wood-like ceramic tile flooring throughout the common areas, and an open layout perfect for entertaining. The kitchen features beautiful cabinetry, new stainless steel appliances (2021), raised dishwasher, and flows effortlessly into the dining and living spaces. A dedicated office offers the perfect work-from-home setup or bonus room flexibility. The primary suite includes a walk-in closet and a private en-suite bath with an additional sitting room that could be used as an office, library, den, or nursery. Outdoors, enjoy your own private retreat with a screened pool with a new 3-speed
pump (2023) and space for lounging or entertaining. Highlights include: new roof with third nail (2020), new drain field (2020), replaced all gutters, soffits, J-channel, & facia (2025), fresh exterior paint (2024), new wood-like ceramic tile throughout the common space (2023), attached 2-car garage, recently lined sewer lines, county water, low annual HOA fee of just $325 per year, located in the preferred "X" flood zone (flood insurance not required when seeking financing), scenic community pond with catch-and-release fishing, larger than most
homes in the community. Whether you're looking for a primary residence, seasonal getaway, or a smart investment, this home checks every box. With space to spread out, recent upgrades, and unbeatable proximity to beaches, shops, and dining, this property is Florida living at its best. ATTENTION: The seller has an ASSUMABLE mortgage at 3.25% interest rate.
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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 |
|---|---|---|---|
| Dec 31, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Price Decreased |
$375,000
↓ $15K
(3.9%) | |
| Price Decreased | |||
| Oct 5, 2025 | Price Decreased |
$390,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Sep 8, 2025 | Price Decreased |
$400,000
↓ $25K
(5.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017