1164 Gardenia Lane
About This Property
Recent upgrades include new carpet and fresh exterior paint, along with newer water heater for worry-free utility. You'll also find charming wood shutters and elegant crown molding in the living room, kitchen, and family room, adding a touch of sophistication. Outside, a meticulously manicured backyard awaits, boasting a covered patio perfect for all your entertaining events. Located in a community with an HOA offering amenities such as a park, pool, spa, and RV parking for a small fee, this home ensures both comfort and convenience for your family's lifestyle.
Don't miss out on the opportunity to make this stunning property your new home.
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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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Sep 1, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Better Homes and Gardens Real | $880,000 | |
| Listed by Better Homes and Gardens Real | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017