115 Red Brick Drive #2
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%.
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 |
|---|---|---|---|
| Dec 27, 2019 | Sold | ||
| Sold | |||
| Sep 27, 2019 | Listed by Landsea Real Estate Calif Inc. | $571,110 | |
| Listed by Landsea Real Estate Calif Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/15/2024
|
4 Bed
|
2.5 Bath
|
2214 ft²
|
$895,000
4 Bed
2.5 Bath
2214 ft²
|
-
-
|
Jonathan Minerick
Homecoin.com
| |
|
09/27/2019
|
4 Bed
|
1 Bath
|
1990 ft²
|
$571,110
4 Bed
1 Bath
1990 ft²
|
$593,389
+3.90%
12/27/2019
|
Kaylee Smith
Landsea Real Estate Calif Inc.
| |
|
09/27/2019
|
4 Bed
|
1 Bath
|
2214 ft²
|
$610,155
4 Bed
1 Bath
2214 ft²
|
$629,500
+3.17%
12/27/2019
|
Kaylee Smith
Landsea Real Estate Calif Inc.
|
Building Info
About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017