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28901 Boniface Drive
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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.
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When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2026 | Listed by The Agency | $6,300,000 | |
| Listed by The Agency | |||
| Nov 16, 2022 | No longer available | - | |
| No longer available | |||
| Sep 21, 2022 | Listed by Compass | $6,700,000 | |
| Listed by Compass | |||
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1950s charm meets bright, open sophistication in this very private Point Dume home. Set high on a hill behind gates at the end of a long drive among walking gardens, palms, and fruit trees on approximately one acre, the property includes Riviera 2 beach rights. The main living areas feature high, sloped ceilings with beams and trusses, long picture windows facing onto wraparound patios and landscaping, plus custom-finished cement floors. The spacious living room, with a beamed ceiling and a brick fireplace, has a wall of glass looking out at the tranquil, private front yard. A wide doorway opens into the kitchen/dining great room, with windows on two sides and a glass door providing easy flow to the back patio for al fresco dining. The kitchen is beautifully updated, with stone countertops, superb appliances, bar seating, and a pantry. The home's two en-suite bedrooms include a primary suite with a skylight and a peaceful lounge. The outdoor areas are equally inviting and include a shaded portico at the front of the house overlooking the long expanse of gardens, a side yard with a fire pit and outdoor seating, plus a lighted back patio with flagstone pavers, and a large dining and barbecue area. This leads to a landscaped terrace with a hot tub and vegetable beds with custom covers. At the front of the house, the two-car garage has been converted into a bonus guest studio/office. As a serene getaway or welcoming home for entertaining, this is an exceptional property filled with charm and light. The manager has listed the unit size as 1542 square feet.
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About Central Malibu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017