1135 Mellow Lane
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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 |
|---|---|---|---|
| Apr 27, 2018 | Sold | ||
| Sold | |||
| Nov 28, 2017 | Listed by Channel Cities Realty Group | $998,900 | |
| Listed by Channel Cities Realty Group | |||
| Jul 30, 2017 | Listed | $1,050,000 | |
| Listed | |||
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Private and spacious Bridle Path single story home on 3.73 acres with panoramic view of mountains and City. Remodeled kitchen with granite counter-tops, stainless steel appliances, double door dish washer, island and walk-in pantry, built in table with the storage in the breakfast nook, an entertainment center around fireplace in the family room, bookcase and wet bar in foyer. Upgraded bathrooms. Oak and travertine floors through the house, plantation shutters, dual pane windows. Master bedroom with walk-in closet. Walk-in linen closet. Installed an alarm system, surround sound speakers. A/C and heating System is a 3 zone system Lennox Central split with pure air filtration. 15 LED caned lights. Maid’s bedroom converted to a butler pantry with a built in double door Sub-Zero More...The manager has listed the unit size as 2664 square feet.
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| Jul 8, 2017 | Listed | $998,000 | |
| Listed | |||
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Private and spacious Bridle Path single story home on 3.73 acres with panoramic view of mountains and City. Remodeled kitchen with granite countertops, stainless steel appliances, double door dish washer, island and walk-in pantry, built in table with the storage in the breakfast nook. Built in entertainment center around fireplace in the family room, built in bookcase and wet bar in foyer. Upgraded bathrooms. Oak and travertine floors through the house, plantation shutters, dual pane windows.Master bedroom with walk-in closet. Walk-in linen closet. Installed an alarm system, surround sound speakers. A/C and heating System is a 3 zone system Lennox Central split with pure air filtration. 15 LED caned lights.Maid's bedroom converted to a butler pantry with a built in double door Sub-Zero refrigerator/freezer; Wolf electric oven, Wolf warming drawer, and Wolf Micro-wave. Opposite the appliances there was added a service counter with granite counter top and cabinets below.It has a two stall barn with pipe corral turnouts, large feed storage room and tack room. There is also about 1/2 acre area which can be fenced for pasture. RV parking w/dump station. New landscaping with new sprinkler system. Access to multiple arenas, and 1700 acre riding park. The manager has listed the unit size as 2664 square feet.
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017