33812 Castano Dr.
About This Property
Enjoy multiple outdoor spaces designed for both everyday living and entertaining, including a beautifully landscaped front yard framed by mature king palms, a spacious backyard ideal for gatherings, and a convenient outdoor shower; perfect after a surf session or beach day. An ocean-view balcony off the kitchen invites sunrise coffee moments. In addition, the expansive rooftop deck delivers breathtaking 360-degree ocean and mountain views, complete with an outdoor kitchen and gas fire pit. From here, take in Fourth of July fireworks from surrounding coastal cities, enjoy a front-row seat to the Dana Point fireworks, watch sailboats glide through the harbor, or soak in events like the Maritime Festival.
Enter through a striking custom modern Mediterranean Dutch door, allowing ocean breezes to flow freely throughout the home. Inside, the property features numerous updates, including refreshed kitchen and bathroom plumbing and lighting fixtures, updated hard flooring throughout, recessed (canned) lighting, and a crisp white, light-filled interior. Additional highlights include electronic locks and en-suite bathrooms for all bedrooms, including two conveniently located on the main level.
This home is ideally located just a short stroll to the Dana Point Harbor, The Strands and Doheny beaches, and Downtown Dana Point's shops and restaurants. In addition, the completion of the Dana Point Harbor revitalization project will further enhance the appeal of this exceptional coastal community.
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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 |
|---|---|---|---|
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Mar 1, 2026 | In contract | - | |
| In contract | |||
| Jan 19, 2026 | Listed by Bullock Russell RE Services | $2,998,111 | |
| Listed by Bullock Russell RE Services | |||
| Nov 20, 2022 | No longer available | - | |
| No longer available | |||
| Oct 21, 2022 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017