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29329 Bluewater 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 28, 2026 | Listed by The Beverly Hills Estates | $12,450,000 | |
| Listed by The Beverly Hills Estates | |||
| Apr 19, 2024 | No longer available | - | |
| No longer available | |||
| Mar 20, 2024 | Price Decreased |
$5,695,000
↓ $300K
(5%) | |
| Price Decreased | |||
| Feb 17, 2024 | Price Decreased |
$5,995,000
↓ $500K
(7.7%) | |
| Price Decreased | |||
| Jan 22, 2024 | Listed by Rodeo Realty | $6,495,000 | |
| Listed by Rodeo Realty | |||
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Location, location, location! Perfect opportunity for an end user and or developer to re imagine this home to its full potential. Located in the sought after Point Dume community in Malibu, this home sits on over 1 acre mostly flat with Ocean and Mountain Views. Currently the home is 4 beds and 3 baths that can be moved in and redone over time or rebuild now. This is an opportunity of a lifetime to acquire this much land with ocean views and only a few minutes to walk to the beach. Hurry this will not last! The manager has listed the unit size as 4251 square feet.
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About Central Malibu
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Currently no similar homes aroundNearby Rentals
$8,500 /mo
- 2 Beds
- 2 Baths
- 967 ft²
$6,300 /mo
- 2 Beds
- 3 Baths
- 1,562 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017