249 Playa Del Norte
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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 23, 2025 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Listed by Berkshire Hathaway HomeServices California Properties | $3,595,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| Feb 28, 2025 | Listed | $3,600,000 | |
| Listed | |||
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This “lock & go” detached beach house built in 2020 only 500 feet from Windansea Beach with whitewater ocean views, a guest apartment, and exceptional parking is the perfect primary home, pied-à-terre, or investment property. HOA does not restrict vacation rentals. A street-to-street lot invites sunlight throughout and takes advantage of ocean views from the front patio, dining room, two decks flanking the great room, primary suite’s bed wall, and (of course) the panoramic roof deck. Expansive home boasts approx. 3,369 sqft of total interior space comprised of 2,469 sqft of living space (advertised) plus a bonus finished basement of approx. 900 sqft that includes a bathroom. A creative 3 bed/4.5 bath design allows you to enjoy the entire property as a single home or as two separate legal dwellings; the ground floor ensuite is a self-sufficient studio with its own entrance, kitchen, laundry, and 1-car garage garage, presenting opportunities for hosting, help, rental income, and more! Parking at the beach is no problem with 2 single car garages visible from the rear, and the main home’s garage with CAR ELEVATOR that descends to an approx. 900 sqft bonus basement (in addition to advertised sqft) that creates space for 2 more cars and a flex room (movie/office/guest) that has a full bathroom. Windansea is an iconic beach in La Jolla’s coveted Beach Barber Tract neighborhood, a premium coastal community with lovely shops, restaurants, and a high quality grocery store just blocks away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017