271 Ocean View Ave
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 |
|---|---|---|---|
| Jul 21, 2026 | Price Decreased |
$9,450,000
↓ $500K
(5%) | |
| Price Decreased | |||
| Jun 9, 2026 | Listed by Berkshire Hathaway HomeServices California Properties | $9,950,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| Aug 18, 2025 | Price Decreased |
$11,900,000
↓ $550K
(4.4%) | |
| Price Decreased | |||
| Apr 22, 2025 | Listed | $12,450,000 | |
| Listed | |||
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Unrivaled Ocean Views | Private Coastal Estate in Del Mar’s Most Sought-After Location Experience sweeping whitewater ocean views and total privacy from this extraordinary Del Mar coastal estate, perched on a premium hillside lot just moments from the beach and Del Mar Village. Designed by renowned architect Ron Wilson, this custom Santa Barbara-style home blends timeless elegance with modern luxury, offering the best in Southern California indoor-outdoor living. Walls of glass capture dramatic sunsets and panoramic views stretching across the Pacific Ocean, while lush gardens and multiple tranquil seating areas create a serene, resort-like setting. Enjoy true coastal living with a luxurious infinity-edge pool and spa, expansive ocean-view entertaining deck, and seamless flow from indoor to outdoor spaces. Inside, 5,472 SqFt of luxury living is thoughtfully laid out, including a stunning chef’s kitchen with top-tier appliances, a warm and inviting great room, and a private home theater. The primary suite is a true retreat with mesmerizing ocean views, dual walk-in closets, and a spa-like bath with soaking tub and oversized shower. A home elevator, en suite guest rooms, and the option for an approved ADU offer comfort, accessibility, and flexibility. Set on nearly half an acre (17,859 SqFt), this gated estate offers rare privacy while still being just a short walk to Del Mar Beach, award-winning dining, and boutique shopping in Del Mar Village. Whether you're searching for a luxury ocean view home, private Del Mar estate, or a trophy property near the beach, 271 Ocean View delivers an unmatched lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017