27356 PACIFIC COAST Highway
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%.
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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 |
|---|---|---|---|
| Jun 19, 2020 | Sold | ||
| Sold | |||
| Jan 14, 2020 | Listed by Pinnacle Estate Properties | $5,695,000 | |
| Listed by Pinnacle Estate Properties | |||
| Oct 4, 2019 | No longer available | - | |
| No longer available | |||
| Sep 20, 2019 | Price Decreased |
$5,695,000
↓ $255K
(4.3%) | |
| Price Decreased | |||
| May 8, 2019 | Listed | $5,950,000 | |
| Listed | |||
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Situated on famed Escondido Beach Road is this Malibu classic mid century beach house on 50 feet of prime beach. First time on market in 50 years. 4 bedrooms and 3.5 baths with an oceanfront pool. Huge oceanfront deck to watch the whales and dolphins. Great sandy beach for long strolls. Walk upstairs to Geoffrey's restaurant or head down the beach to Paradise Cove Beach Cafe. Private dead end quiet beach road. Situated between two great surf spots. The manager has listed the unit size as 1754 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017