2609 Camino Del Mar
About This Property
In addition to the main home, enjoy a detached 818 sq ft guest house offering 2 bedrooms and 2 bathrooms. High ceilings invite beautiful natural light throughout, creating a bright and airy feel. Equipped with a kitchenette, stackable washer and dryer, mini split HVAC, and its own address. This charming and stylish space is as functional as it is delightful.
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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 4, 2026 | Price Decreased |
$5,300,000
↓ $550K
(9.4%) | |
| Price Decreased | |||
| Mar 19, 2026 | Price Decreased |
$5,850,000
↓ $560K
(8.7%) | |
| Price Decreased | |||
| Feb 11, 2026 | Listed by HOMEQUEST REAL ESTATE | $6,410,000 | |
| Listed by HOMEQUEST REAL ESTATE | |||
| Mar 14, 2017 | Sold | ||
| Sold | |||
| Feb 1, 2017 | Listed by Coldwell Banker Res Brokerage | $2,349,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
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Great beach house located one block from the ocean. Wonderful to live in full time or as a vacation rental. The house is located on a corner with a neighbor only on one side. There are 4 great separate patio areas for entertaining and an outdoor shower to clean up after the beach. The home has wonderful vaulted ceilings, fireplace, 5 sets of sliding glass doors, tile wood and carpeting, ceiling fans in bedrooms, electric shades, solar, huge master shower and a large 2 car garage with tons of storage. Neighborhoods: Beach Colony Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017