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1159 Mellow Lane
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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Listed | $974,950 | |
| Listed | |||
| | |||
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Upgraded and remodeled Bridle Path Estate with unparalleled views and over 2 acres of property! This 4+3 has so much to offer, including a large living room with fireplace, upgraded hardwood flooring, beautiful upgraded/remodeled kitchen with breakfast bar and sweeping valley views, huge dining room, and enlarged family room with large picture windows and slider to massive outdoor redwood deck. All four bedrooms are oversized, and the master has a huge walk-in closet plus an additional closet, and a slider to the huge deck. This home has a beautiful lawn area with plenty of room for a pool, with the most spectacular views you can find anywhere in Simi Valley. This horse property has access from the rear of the property via a private shared road for easy unloading of your horses, feed and other needed items. The two stall Malibu style barn and beautiful rolling pastures will definitely spoil your horses, and the views and immaculate condition of this home will spoil you. The manager has listed the unit size as 2980 square feet.
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| May 15, 2018 | Sold | ||
| Sold | |||
| Mar 30, 2018 | Listed by Century 21 Masters | $974,950 | |
| Listed by Century 21 Masters | |||
| Jun 27, 2013 | Sold | ||
| Sold | |||
Property Highlights
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017