3629 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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Listed by The Beverly Hills Estates | $4,295,000 | |
| Listed by The Beverly Hills Estates | |||
| Jun 27, 2025 | Price Decreased |
$4,595,000
↓ $400K
(8%) | |
| Price Decreased | |||
| May 28, 2025 | Listed | $4,995,000 | |
| Listed | |||
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Nestled in the prestigious guard-gated neighborhood of "Serra Retreat." This rare price point in "Serra" also offers an ocean-view home; presenting an extraordinary opportunity to own in one of Malibu's most exclusive enclaves. Just steps from the iconic Malibu Pier, world-class surf at the iconic Surfrider Beach, the serene Franciscan Monastery, and the incredible shopping and dining of Cross Creek, this prime location offers an unparalleled blend of luxury, privacy, and convenience, all within a short stroll. Remodeled and epitomizes the ultimate coastal lifestyle, with expansive outdoor decks and an open-concept design that seamlessly integrates indoor and outdoor living. Vaulted ceilings and floor-to-ceiling windows bathe the interiors in natural light, framing breathtaking ocean vistas rarely found in Serra Retreat, with a cozy gas starting, wood burning fireplace to cuddle next to on a winter evening, while enjoying the ocean view. The spacious decks are designed for elevated entertaining, whether it's sunset dining, morning coffee with ocean breezes, or intimate gatherings under the stars. Inside, the primary suite offers a tranquil escape, complete with a spa-like ensuite and oversized steam shower and a generous walk-in closet. The additional bedrooms provide versatility, ideal for family, guests, or a dedicated home office. Beyond its beauty, this property is an exceptional investment in a neighborhood where homes of this caliber, at this price, are nearly impossible to find. Whether you seek a full-time Malibu residence or an exquisite weekend retreat, this is your opportunity to own a piece of Serra Retreat's coveted luxury, with guarded privacy, an unbeatable location, and the ocean as your backdrop. Other amenities include cedar hot-tub, cold-plunge, outdoor shower, fruit trees and two small grassy yards; one in the front and the other in back.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017