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20940 Big Rock Drive
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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 21, 2026 | Listed by Pinnacle Estate Properties | $2,000,000 | |
| Listed by Pinnacle Estate Properties | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| Jan 11, 2026 | Listed by Pinnacle Estate Properties | $2,000,000 | |
| Listed by Pinnacle Estate Properties | |||
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Build your Malibu Dream home! This property once held a 2601 sq. ft. home with 4 bedrooms and 3 baths with tremendous ocean views from every room. Under Malibu's fire rebuild rules a 2861 sq. ft. home could be built with accelerated permitting. The code would allow a larger home of around 5000 sq. feet but the permitting process will be considerably slower. This is the finest and highest location in the Big Rock neighborhood and must be seen to appreciate the location. The same owner owns an adjoining 4.16 acre lot with a pad close to double the size which is also for sale. Malibu's City Geology Department confirmed that these properties are outside any known or suspected geological problem areas.
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About Eastern Malibu
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$8,250 /mo
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$7,950 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017