121 Via De La Valle
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 12, 2026 | Sold | ||
| Sold | |||
| Jun 13, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Listed by Compass | $6,250,000 | |
| Listed by Compass | |||
| Dec 13, 2025 | Listed | $6,850,000 | |
| Listed | |||
| | |||
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Watch the waves. See the finish line. Set above the sand and the track, this gated Del Mar residence offers nearly 4,000 square feet of living space, panoramic whitewater ocean views, and a unique vantage point of the Del Mar horse races. Fully remodeled with modern coastal vibes, the home works perfectly as a full-time residence or a lock-and-leave retreat. The main level’s great room combines expansive ceilings, oversized viewing windows, and a bar just off the living area—ideal for entertaining. Glass panels open to an ocean-facing patio with uninterrupted views of the Pacific, the Del Mar Beach Colony, and the Del Mar Race Track. Four bedrooms are arranged for privacy, including a top-floor primary retreat with sweeping vistas and a freestanding soaking tub. Additional features include a 600-bottle wine wall, Labradorite countertops that shift color with the light, a spa, and a two-car garage. On race days, the energy of the finish line carries across the track. Step outside and you’re next door to The Brigantine, minutes from Del Mar Dog Beach, and directly across from the shops and galleries of Cedros Avenue. Offered for purchase and for lease, fully furnished and turnkey.
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| Aug 28, 2025 | Listed | $6,850,000 | |
| Listed | |||
| | |||
|
Watch the waves. See the finish line. Set above the sand and the track, this gated Del Mar residence offers nearly 4,000 square feet of living space, panoramic whitewater ocean views, and a unique vantage point of the Del Mar horse races. Fully remodeled with modern coastal vibes, the home works perfectly as a full-time residence or a lock-and-leave retreat. The main level’s great room combines expansive ceilings, oversized viewing windows, and a bar just off the living area—ideal for entertaining. Glass panels open to an ocean-facing patio with uninterrupted views of the Pacific, the Del Mar Beach Colony, and the Del Mar Race Track. Four bedrooms are arranged for privacy, including a top-floor primary retreat with sweeping vistas and a freestanding soaking tub. Additional features include a 600-bottle wine wall, Labradorite countertops that shift color with the light, a spa, and a two-car garage. On race days, the energy of the finish line carries across the track. Step outside and you’re next door to The Brigantine, minutes from Del Mar Dog Beach, and directly across from the shops and galleries of Cedros Avenue. Offered for purchase and for lease, fully furnished and turnkey.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017