3621 SERRA 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 |
|---|---|---|---|
| Jul 14, 2020 | Sold | ||
| Sold | |||
| Apr 29, 2020 | No longer available | - | |
| No longer available | |||
| Apr 28, 2020 | Listed by Pinnacle Estate Properties | $5,450,000 | |
| Listed by Pinnacle Estate Properties | |||
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Enjoy the ultimate idyllic Malibu lifestyle in famed guard gated "Serra Retreat". Imagine strolling or riding your bikes to all your favorite stores, coffee shops, Whole Foods, restaurants and world class surf at Malibu's Surfrider Beach. This stunning property was taken down to studs with no expense spared in finishes. Polished concrete and wide plank hardwood floors throughout this home. Three bedroom suites including amazing master with ocean and sunset views. The living room offers high ceilings and flows to the amazing gourmet kitchen with walls of glass that disappear and open to the pool, spa and entertainers dream yard. This just completed "Smart House" masterpiece has a large office/family room or 4th bedroom potential.
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| Jan 6, 2020 | Listed | $5,450,000 | |
| Listed | |||
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Re-imagined Serra Retreat Contemporary home! This stunning property was taken down to studs with no expense spared in finishes. Polished concrete and wide plank hardwood floors throughout the home. Three bedroom suites including amazing master with ocean and sunset views. The living room offers high ceilings and flows to the amazing gourmet kitchen with walls of glass that disappear and open to the pool, spa and entertainers dream yard. This just completed masterpiece has a large office family room or 4th bedroom potential. A complete "Smart House" in famed guard gated Serra Retreat. Best location in Malibu to stroll to stores, restaurants and the surf.
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| Aug 17, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017