29912 CUTHBERT Road
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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 17, 2018 | Sold | ||
| Sold | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Listed | $2,395,000 | |
| Listed | |||
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Incredible 1 story Malibu Park with sensational ocean views overlooking Zuma Beach. Situated on a private lot and near Malibu schools and world class surfing. 3 bedrooms and 2 baths and a great room encompassing living room, dinning and kitchen. Master suite with fireplace and ocean views. Easy to show. On file "City of Malibu Septic Operating Permit" The manager has listed the unit size as 2074 square feet.
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| Apr 30, 2018 | Listed by Pinnacle Estate Properties | $2,395,000 | |
| Listed by Pinnacle Estate Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017