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31830 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 |
|---|---|---|---|
| Sep 21, 2026 | Listed by Compass | $3,475,000 | |
| Listed by Compass | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 19, 2021 | In contract | - | |
| In contract | |||
| Jan 12, 2021 | Listed | $3,375,000 | |
| Listed | |||
| | |||
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3 bedroom, beautifully maintained, contemporary home on the beach side of prestigious Broad Beach Road. 2-story glass entry with skylight. Designer ceramic tile floors throughout. Step down living room with stone fireplace opening to rare, grassy yard. Ocean view master with stone fireplace. Mega shower with ocean view in master bath. Massive folding glass doors for maximum light and air. Expansive deck with open and shaded sitting areas. Lynx BBQ, bar and hot tub. Newly landscaped. Deeded beach rights as part of Malibu Encinal Development guaranteeing 24/7 beach access through locked gates. Short walk on rustic path or golf cart ride to one of Malibu's most secluded beaches. Golf cart included. Alarmed security system. Plans available for pool, expired permits. 2 car garage. Parking for 3 cars in driveway. The manager has listed the unit size as 2100 square feet.
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| Dec 19, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Western Malibu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017