31310 BROAD BEACH 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 |
|---|---|---|---|
| Oct 16, 2018 | Sold | ||
| Sold | |||
| Sep 22, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $8,995,000 | |
| Listed | |||
| | |||
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The perfect beachfront pied-~-terre. Escape to perfection in this idyllic gated jewel box that has been restored and beautifully updated. White walls, lime stone and clean finishes throughout. 3 bedrooms and 3 baths, with a large high ceiling living room, walls of glass looking out to the ocean, large private beach side decks, and private gated motor courtyard. The manager has listed the unit size as 2340 square feet.
| |||
| Dec 11, 2017 | Listed by Westside Estate Agency Inc. | $8,995,000 | |
| Listed by Westside Estate Agency Inc. | |||
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About Western Malibu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017