15969 Malibu W
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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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Oct 17, 2023 | Listed by Keller Williams Advantage Realty | $1,195,000 | |
| Listed by Keller Williams Advantage Realty | |||
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Enjoy breathtaking open water views from every room in the house! Beautiful 1 owner home was built on 1-1/2 lots(approx. 18,295 sq ft lot) w/pier & approx. 120+ft of bulkheaded shoreline. 5 bedrms or 4 & home office, 3 baths, gamerm, 2+ car garage & 2 car porte-cochere. Huge covered/screened in porch off family rm, another off primary bedrm & another covered patio off lg bedrm & hall from kitchen. Downstairs is 2 nice size bedrms (1 used as home office), full bath & a huge gamerm w/built-ins & closets/storage-ALL open up to covered patios. This amazing home takes advantage of the lot-home has walk-out basement. 1st floor features primary bedrm, living, dining, kitchen, laundry & 2 other bedrooms w/1 & full bath ADA accessible. Generac GP 15000E generator, sprinkler sys. pulls from lake, metal roof, fantastic kitchen w/desk area, dbl ovens, granite counters, island, bosch dishwasher & pull out drawers. Low tax rate of 1.78. Homeowners enjoy pavilion, pool, fishing pier & boat launch.
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About Cape Malibu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017