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3065 S S Foose 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 26, 2026 | Price Decreased |
$1,750,000
↓ $125K
(6.7%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$1,875,000
↓ $120K
(6%) | |
| Price Decreased | |||
| Apr 17, 2026 | Listed by Pinnacle Estate Properties | $1,995,000 | |
| Listed by Pinnacle Estate Properties | |||
| Jan 24, 2025 | Listed | $1,875,000 | |
| Listed | |||
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READY FOR MOVE IN: Nestled on approximately one acre of beautifully landscaped grounds, with breathtaking ocean view, is this exquisite TWO HOME PROPERTY. A newly constructed Main House w/3bdrm &2bths and a detached two story Guest House with 1 bdrm/2 bth, offers the ultimate California lifestyle. The brand new main house features an open-concept design, with floor-to-ceiling windows that flood natural light and showcase the breathtaking views of both the Pacific Ocean and the surrounding Charmlee Wilderness mountains. In the main house, the quaint kitchen boasts brand new appliances, sleek countertops, and an inviting breakfast bar. Each of the two bedrooms has ocean and mountain views! Step outside to discover your own personal paradise. The expansive outdoor living space includes a large sun-soaked patio, with dining area, new landscaping, all designed for relaxation and enjoyment agains the backdrop of Malibu's stunning scenery. Additionally, the charming guest house provides privacy and comfort, with romantic sunrises and sunsets, making it ideal for visitors, as a private office space or for additional leasing income. The property offers plenty of parking, hiking and biking trails and room for additional gardens. Create your own personal dream here! This property is a true gem, combining luxury and tranquility, located next to Charmlee Wilderness Park, 15 minutes to Zuma Beach, Vintage Market and stores, 20 minutes to Westlake, located in the Malibu School District. OWNER WILL CONSIDER LEASE OPTION TO PURCHASE
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| May 4, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017