28
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24380 Malibu Road
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 9, 2026 | Listed by The Beverly Hills Estates | $19,995,000 | |
| Listed by The Beverly Hills Estates | |||
| Nov 19, 2025 | Price Decreased |
$19,995,000
↓ $4M
(14.9%) | |
| Price Decreased | |||
| Aug 21, 2025 | Listed | $23,500,000 | |
| Listed | |||
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Set against the stunning backdrop of California's coastline, this oceanfront residence showcases exceptional design and impeccable craftsmanship. Floor-to-ceiling glass walls offer uninterrupted ocean views, enhancing the sense of openness throughout the thoughtfully designed living spaces. The main level features a seamless flow between the living, dining, and wet bar areas, all oriented toward breathtaking ocean views. An expansive outdoor deck, complete with a sunken spa, provides the perfect setting for relaxation or entertaining. A designer Bulthaup kitchen fitted with state-of-the-art appliances and a center island with seating complete this level. Upstairs, the breathtaking oversized primary suite features panoramic ocean views, a sitting area and a fireplace. This level also includes three additional well-appointed bedroom suites. The third level boasts a spectacular ocean-view deck with a fireplace, two versatile rooms perfect for an office or gym, and elevator that services every floor of the home.
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| Feb 3, 2025 | Listed | $24,995,000 | |
| Listed | |||
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Set against the stunning backdrop of California's coastline, this oceanfront residence showcases exceptional design and impeccable craftsmanship. Floor-to-ceiling glass walls offer uninterrupted ocean views, enhancing the sense of openness throughout the thoughtfully designed living spaces. The main level features a seamless flow between the living, dining, and wet bar areas, all oriented toward breathtaking ocean views. An expansive outdoor deck, complete with a sunken spa, provides the perfect setting for relaxation or entertaining. A designer Bulthaup kitchen fitted with state-of-the-art appliances and a center island with seating complete this level. Upstairs, the breathtaking oversized primary suite features panoramic ocean views, a sitting area and a fireplace. This level also includes three additional well-appointed bedroom suites. The third level boasts a spectacular ocean-view deck with a fireplace, two versatile rooms perfect for an office or gym, and elevator that services every floor of the home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017