31336 BROAD BEACH ROAD
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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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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 |
|---|---|---|---|
| Sep 10, 2020 | Sold | ||
| Sold | |||
| Jul 9, 2020 | No longer available | - | |
| No longer available | |||
| Jul 8, 2020 | Listed by Compass | $6,495,000 | |
| Listed by Compass | |||
| Mar 6, 2020 | Listed | $6,495,000 | |
| Listed | |||
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Ultra-desirable Broad Beach with the easy ambiance of beach living. Huge skylight foyer, open concept living room with high wood-beamed ceiling, fireplace, and window facing onto patio, deck, and ocean. Ocean-view dining room is open to gourmet kitchen with high-end appliances, granite countertops, tilework, breakfast bar, pantry. Two family bedrooms plus two-room owner's suite with fireplace, sitting room, and double baths. At the side of the house is an outdoor shower, a private patio, and a separate studio guesthouse with sink/kitchenette, bathroom, and laundry hookup. From the patio, steps lead up to the large three-car garage with built-ins. The home's main living areas open onto a spacious patio and deck for day and night entertaining and relaxation. This area includes a hot tub, a covered barbecue and dining area, and a sandy spot for enjoying the sweeping vistas, year-round sunsets, and nightcaps beneath the stars.
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Property Highlights
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About Western Malibu
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$5,500 /mo
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$6,600 /mo
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- 1,292 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017