$690,000
●
House -
Off Market
1111 Arcata Road
Ojai, CA 93023
3 Beds
2 Baths
1,598 Ft²
$1,049,067
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
Located on a corner lot, this light and bright Ojai retreat sits on
just over quarter acre! Almost 1600 sf of living space, youll love
the layout of this 3 bedroom, 2 bath home. Beautiful upgrades
including fresh interior and exterior paint, wood-like flooring
throughout, lighting fixtures, updated kitchen with newer
appliances, fixtures and counter tops. The open concept kitchen is
ideal for entertaining leading to french doors directly out to the
backyard, shaded by mature oaks. Enjoy total privacy in this unique
corner lot setting! Multiple outdoor living and dining areas for
you to entertain and enjoy Ojai's warmth and tranquility, and a
gorgeous wood-burning stone fireplace inside for you to gather
during the cooler months. Bonus room off the kitchen makes for a
perfect artist studio. Conveniently located with easy access to
Ventura, Santa Barbara, and downtown Ojai.
Unit Size
1,598 Ft²
Days on Market
38 days
Land Size
0.27 acres
Price per sqft
$431
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #V0-218003813)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 11, 2018 | Sold | ||
| Sold | |||
| Apr 3, 2018 | Listed by Keller Williams West Ventura County | $689,000 | |
| Listed by Keller Williams West Ventura County | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Mira Monte
Similar Homes for Sale
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Listed by: Laura Darrah, Keller Williams West Ventura County
Last Updated: 4 months ago
Data Source: CRMLS, MLS# V0-218003813
Last Updated: 4 months ago
Data Source: CRMLS, MLS# V0-218003813
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