160 Damar
About This Property
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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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Oct 12, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Listed by Compass | $1,095,000 | |
| Listed by Compass | |||
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Location, location, location! Welcome to 160 Damar Street, just one block from the sandy shores of North Morro Bay, west of Highway 1. This single-level home offers 1,440 square feet of comfortable coastal living in one of the Central Coast’s most sought-after neighborhoods.
Featuring three bedrooms and two-and-a-half bathrooms, the home has been thoughtfully updated with modern improvements including vinyl dual-pane windows, new flooring, and fresh interior and exterior paint. A spacious den or dining area is conveniently located off the kitchen, adding flexibility to the open and functional layout. Bright and inviting throughout, the home offers a seamless flow ideal for everyday living and entertaining.
Step outside to enjoy the fenced backyard, accessible from the dining area -perfect for relaxing, gardening, or entertaining outdoors. The two-car garage provides ample space for parking, a workshop, or additional storage.
Whether you’re seeking a full-time residence or a weekend beach retreat, this property combines coastal charm with modern upgrades -all within steps of the beach and minutes from local shops, dining, and outdoor recreation.
Don’t miss your chance to make 160 Damar Street your home by the sea.
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| Sep 26, 2017 | Sold | ||
| Sold | |||
| Jul 5, 2017 | Listed by Pacific Coast Endeavors, Inc. | $699,000 | |
| Listed by Pacific Coast Endeavors, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017