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6701 Portshead Road
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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 |
|---|---|---|---|
| May 23, 2026 | Price Decreased |
$18,850,000
↓ $3M
(12.3%) | |
| Price Decreased | |||
| Apr 15, 2026 | Listed by Compass | $21,500,000 | |
| Listed by Compass | |||
| Oct 17, 2019 | Sold | ||
| Sold | |||
| Aug 21, 2019 | Listed by Compass | $3,495,000 | |
| Listed by Compass | |||
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What an incredible opportunity to build your dream home on approximately 2.640 acres of usable land in the prestigious neighborhood of Point Dume. This exceptional lot, with majestic trees and wooded areas, has deeded BEACH RIGHTS to one of the most gorgeous beaches in Malibu which is great for surfing, boogie and paddle boarding, or just spending time with family and friends. Point Dume offers the award-winning Marine Science Elementary School and is a short distance to the local market and restaurants in the Point Dume area. A must see to fully appreciate this beautiful setting. Doug Burdge architectural plans of a custom 'warm modern' design home with 6,448 SF of livable space, 955 SF garage, and 647 SF detached guest suite. City plans approved. Grading plans are ready for a permit.
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About Central Malibu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017