6639 WANDERMERE Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 13, 2017 | Sold | ||
| Sold | |||
| Aug 22, 2017 | Listed by Fahim Shah Realty | $2,200,000 | |
| Listed by Fahim Shah Realty | |||
| | |||
|
Fantastic opportunity in Point Dume with over an acre of land. With approximate dimensions of 100 feet street frontage and over 435 feet of depth there is no limit to the possibilities for remodel, expansion or redevelopment. Currently there is a quaint, three-bedroom home built in 1955. The second floor of a new potential structure may have ocean views. Just a stone's throw from dining, shopping and Malibu's best beaches. An amazing opportunity to create an estate in a serene setting! One month away from having a full coastal set for modern 2 story house with pool and separate guest house. Seller had change in personal circumstances but otherwise plans are one month away from coastal submission. Soils report as well as architectural plans can be included in the sale. Does not include beach key.
| |||
| May 5, 2017 | Sold | ||
| Sold | |||
| Feb 17, 2017 | Listed by The Agency | $2,199,000 | |
| Listed by The Agency | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Central Malibu
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,000 /mo
- 2 Beds
- 2 Baths
$6,750 /mo
- 2 Beds
- 1 Bath
- 1,014 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017