28779 Sea Ranch Way
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 |
|---|---|---|---|
| Feb 24, 2026 | Sold | ||
| Sold | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Price Decreased |
$11,995,000
↓ $505K
(4%) | |
| Price Decreased | |||
| Sep 16, 2025 | Listed by The Beverly Hills Estates | $12,500,000 | |
| Listed by The Beverly Hills Estates | |||
| Jul 25, 2025 | Listed | $13,995,000 | |
| Listed | |||
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Completely reimagined post-and-beam home set on the only gated street in the exclusive Point Dume neighborhood of Malibu. Originally designed by renowned architect Ronald Goldman, FAIA in 1979, the home went through a meticulous 3-year "down-to the-studs" renovation by Alexander Design in collaboration with Alexander Built Properties. The 5-bedroom, 4-bathroom residence seamlessly blends the light filled warmth of post-and-beam architecture with modern luxury. The redesign honors Goldman's commitment to sustainability with drought-tolerant landscaping, cross-ventilation, and skylit hallways that flood the home with natural light. Inside, the home features custom cabinetry, millwork, and brass detailing by Alexander Design, alongside elegant custom stonework, door hardware, Fleetwood doors and windows, Gaggenau appliances, and Cocoon Piet Boom plumbing fixtures. Thoughtfully curated interiors include a blend of custom and collectible vintage furnishings that exude timeless sophistication. The latest and greatest amenities include a new saltwater pool, a pizza oven, a Sonos sound system, and heated bathroom floors. Nestled on a private cul-de-sac, the property also provides an access key to the exclusive Little Dume beach and a shared tennis court. This one-of-a-kind estate captures the essence of Malibu's effortless elegance, offering an unrivaled lifestyle of luxury and coastal serenity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017