269 Cecil Place
About This Property
Framed by a charming white picket fence, mature olive tree, and an inviting shaded front porch with swing, the home exudes timeless curb appeal. Step inside through the Dutch door to discover a bright, open-concept layout designed for modern living. The kitchen showcases custom built-in banquette seating, quartz countertops, shaker cabinetry, farmhouse sink, and stainless steel appliances-perfectly blending style and function.
Additional highlights include central heating and air conditioning, recessed lighting, and luxury vinyl plank flooring throughout much of the home. A spacious permitted family/TV room addition (2005) enhances the living space, while the expansive backyard is designed for quintessential Southern California entertaining. Enjoy the oversized spa ("spool"), built-in BBQ with bar seating, fire pit, and plenty of room for outdoor dining, lounging, and play-complete with fruit trees and lawn space.
The garage has been thoughtfully converted into a private home gym, adding versatility to the property.
Located within the award-winning Newport Mesa School District and just minutes from Newport Bay, world-class beaches, and John Wayne Airport, this move-in ready home offers the best of coastal living.
This home is a rare opportunity you won't want to miss!
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Cap Rate Calculator
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 5, 2026 | Sold | ||
| Sold | |||
| Nov 25, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | Price Decreased |
$2,449,900
↓ $50K
(2%) | |
| Price Decreased | |||
| Oct 3, 2025 | Relisted | $2,499,900 | |
| Relisted | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017