481 COLD CANYON 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%.
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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.
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 9, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $2,250,000 | |
| Listed | |||
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Douglas Rucker, Architect :: Mid-Century Malibu :: A 10-minute drive up Malibu Canyon from the beach, this pristine Mid-Century Modern home is nestled in the picturesque Monte Nido neighborhood, a short walk to Saddle Peak Lodge just East of Malibu Creek State Park. Architect Douglas Rucker designed the post and beam structure with walls of glass and skylights to take full advantage of the pristine acre-plus site, surrounded by a grove of mature native oak trees. Current owner, architect Dan Meis, designer of the Staples Center, has respectfully renovated the home, preserving the original design intent and introducing new materials and finishes in keeping with a contemporary lifestyle. The open plan and seamless connection to the outdoors make this an exceptional home for entertaining, with two fireplaces indoors and a third on the outdoor deck adjacent to the built-in barbecue. Multiple living areas include a den, living room, and a spacious art studio with its own entrance, ideal for live-ins, home office or family room. Future plans in permitting include a hillside swimming pool and guest house. 4 BD, 3 BA, 2,986 SF, large lot: 49,866 SF.The manager has listed the unit size as 2986 square feet.
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| Mar 2, 2017 | Listed by Deasy Penner & Partners | $2,095,000 | |
| Listed by Deasy Penner & Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017