9
Map
21801 Castlewood Drive
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 |
|---|---|---|---|
| Oct 6, 2026 | Listed by Better Homes and Gardens Real Estate McQueen | $1,200,000 | |
| Listed by Better Homes and Gardens Real Estate McQueen | |||
| Oct 1, 2025 | Price Decreased |
$1,495,000
↓ $500K
(25.1%) | |
| Price Decreased | |||
| May 6, 2025 | Listed | $1,995,000 | |
| Listed | |||
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Incredible opportunity to build your dream estate on a premium lot with panoramic ocean and canyon views. This expansive parcel comes with architectural plans, including a huge 4-car garage that is ideal for collectors and driving enthusiasts alike. Located in one of Malibu's most sought-after areas, the lot offers privacy, natural beauty, and stunning coastal vistas. An ideal setting for a custom luxury residence with convenient access to beaches, hiking trails, and all that Malibu has to offer. Don't miss this rare offering with endless potential in the heart of Malibu.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017