116 Playa Del Rey Ave
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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 |
|---|---|---|---|
| Sep 9, 2025 | Sold | ||
| Sold | |||
| Aug 23, 2025 | In contract | - | |
| In contract | |||
| Aug 1, 2025 | Listed by Coldwell Banker West | $855,000 | |
| Listed by Coldwell Banker West | |||
| | |||
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Seller entertaining offers between $835,000 - $855,000. Welcome to your Pacific Breeze retreat — a stunning single-level, 3-bedroom, 2-bath home perfectly positioned on a desirable corner lot with refreshed landscaping in one of the area’s most sought-after neighborhoods. Step inside to an inviting open-concept living space featuring soaring vaulted ceilings, skylights that flood the home with natural light, ceiling fans, paid solar, and a cozy fireplace for relaxing evenings. The remodeled kitchen boasts granite countertops, stainless steel appliances, and ample storage — ideal for both everyday living and entertaining. The spacious primary suite offers a vaulted ceiling and peaceful ambiance, while two generous secondary bedrooms provide flexibility for guests, an office, or hobbies. Outdoors, a large backyard awaits — an above-ground hot tub, mature fruit trees, and a beautifully landscaped side yard with drought-tolerant palms, succulents, and fresh sod with new irrigation. Located in a peaceful community just one block from the protected San Luis Rey River's serene surroundings. Only minutes to the Oceanside Pier, beaches, shopping, dining, and major highways — this home offers the perfect blend of comfort, convenience, and coastal charm.
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| Feb 14, 2018 | Sold | ||
| Sold | |||
| Dec 6, 2017 | Listed by Windermere Homes & Estates | $539,999 | |
| Listed by Windermere Homes & Estates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017