25342 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 |
|---|---|---|---|
| Sep 16, 2020 | Sold | ||
| Sold | |||
| Jul 27, 2020 | Listed by Compass | $7,990,000 | |
| Listed by Compass | |||
| Dec 28, 2018 | No longer available | - | |
| No longer available | |||
| Oct 28, 2018 | No longer available | - | |
| No longer available | |||
| Oct 26, 2018 | Listed | $7,750,000 | |
| Listed | |||
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Located on one of the most sought-after streets in Malibu, Old Malibu Road. This beach house boasts 50' of dry* sandy beachfront. A gated garden courtyard invites you to the main level of the home that consists of 2 bedrooms, an open family room, dining, kitchen/breakfast eating area- all with breathtaking views. Beautiful ocean vistas lead to an expansive deck with a private hot tub. The upper floor features an oversized master bedroom with a large walk-in closet and an exquisite master bath that emulates a zen-spa atmosphere with ocean views, a spa tub, steam shower and private deck. Also upstairs, an additional bedroom, bath, and large media room. The lower level is designed for beach entertainment with a built-in bar, sauna, 3/4 bath, and large living area- all while stepping out onto another gorgeous deck just a foot above the sand. An outdoor shower and storage for beach toys complete the elegant and relaxing picture. Ideal luxury coastal living just feet from the sand. *seasonal The manager has listed the unit size as 4404 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017