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31864 Sea Level Drive
About This Property
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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 22, 2026 | Listed by Compass | $1,595,000 | |
| Listed by Compass | |||
| Aug 24, 2022 | No longer available | - | |
| No longer available | |||
| Jan 3, 2022 | Listed by Compass | $1,995,000 | |
| Listed by Compass | |||
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Located on the west end of Broad Beach, you will find your private slice of Heaven. Plans are submitted and currently under review by the City with approvals pending. This beautifully designed Contemporary Home has 3 Bed/3.5 Baths, Decks, Patios, seasonal stream, and Basement w/ half bath and movie theater. This stretch of Coastline has unparalleled beauty and allows for a myriad of activities that include Surfing, Diving, Fishing, Hiking, Sunset walks, and only 2 Coves away from the stunning El Matador Beach. Here, Peace and Tranquility abounds, yet only a five-minute drive away, you have restaurants, shops, markets, Starbucks, and schools. Your newly built dream home will be only three homes away from the sand and it is Ready to show by appointment behind secure gates of West Sea Level Drive. The Home Owner's Association (HOA) fees are $1,587.00/Quarterly.
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| Dec 19, 2021 | No longer available | - | |
| No longer available | |||
| Dec 3, 2021 | Price Decreased |
$2,099,000
↓ $251K
(10.7%) | |
| Price Decreased | |||
Property Highlights
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About Western Malibu
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Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 1 Bed
- 1 Bath
$6,600 /mo
- 3 Beds
- 1 Bath
- 1,292 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017