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24742 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 |
|---|---|---|---|
| Aug 21, 2026 | Listed by Pinnacle Estate Properties | $8,795,000 | |
| Listed by Pinnacle Estate Properties | |||
| Dec 21, 2017 | Sold | ||
| Sold | |||
| May 2, 2017 | Listed by Coldwell Banker Residential Br | $5,750,000 | |
| Listed by Coldwell Banker Residential Br | |||
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Best buy located on a sandy section of the coveted Malibu Road, this single story gem has never been on the market since the land was purchased in 1949. The extraordinary setting provides sweeping sunrise and sunset views. Enjoy the Malibu lifestyle in this enchanting California bungalow that is uniquely situated on 47' of beach frontage that opens to wide expanse of beach. This sophisticated re-imagined home features an open floor plan providing an ocean view living room with a stone fireplace, a dining area surrounded by glass and a gorgeous built-in kitchen. The walls of glass open to a wrap-around deck that is made for entertaining. The master bedroom suite complete with his and her baths, a walk in closet, and picturesque window overlooks a finely terraced floral garden above the sand. The second bedroom has been converted into an elegantly built-in home office with superb ocean views. This unique home exudes the essence of refined living on the beach in Malibu. See private remar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017