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33932 Malaga Dr.
About This Property
Filled with nostalgic charm and thoughtfully preserved details, the main residence offers abundant built-in storage and inviting indoor-outdoor living. A welcoming front deck creates a charming entry and gathering space, while the private deck off the primary bedroom provides a peaceful retreat. Lush landscaping, maintained by a drip irrigation system, surrounds the property with a tranquil, garden-like setting.
The detached casita, built in 2021, features a studio bedroom, full kitchen, bathroom, attached laundry area, tankless water heater, and mini-split heating and air conditioning. Ideal for extended family, guests, a private home office, creative space, or additional living accommodations, this separate living space adds exceptional versatility and functionality.
Set in a desirable Dana Point location, this special property captures the warmth and personality of a nostalgic coastal cottage while offering the flexibility and functionality today's buyers appreciate.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Relisted | $1,999,000 | |
| Relisted | |||
| Sep 2, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Listed by Bullock Russell RE Services | $1,999,000 | |
| Listed by Bullock Russell RE Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017