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24548 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 |
|---|---|---|---|
| Mar 25, 2026 | Listed by Carolwood Estates | $13,495,000 | |
| Listed by Carolwood Estates | |||
| Aug 19, 2019 | Sold | ||
| Sold | |||
| Feb 21, 2019 | No longer available | - | |
| No longer available | |||
| Feb 18, 2019 | Listed by Compass | $9,995,000 | |
| Listed by Compass | |||
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Located on world famous Malibu Rd with nearly 50ft of beach frontage sits this classic redwood post and beam beach home designed by renowned local architect, Douglas Rucker AlA. In addition to the three bedrooms in the main house, there is an attached but separate office or guest suite and hard to find 3 car garage. This home is also for lease @ $35,000 a month long term.
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| Nov 26, 2018 | Listed | $11,995,000 | |
| Listed | |||
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Classic redwood post and beam beach home designed by renowned local architect, Douglas Rucker AlA. In addition to the three bedrooms in the main house, there is an attached but separate office or guest suite and hard to find 3 car garage. This home is also for lease @ $35,000 a month long term. The manager has listed the unit size as 3395 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017