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1165 Balsamo Avenue
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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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | Listed by Century 21 Masters | $899,999 | |
| Listed by Century 21 Masters | |||
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This amazing 4 bedroom, 2 baths West Simi Valley single story home, offers an open floor plan, over 1,900 square feet, completely remodeled in 2022, including kitchen with shaker cabinets, quartz slab counter tops, stainless steel appliances, laminated wood flooring, one panel doors, step down living room, fireplace, dining area that flows into the kitchen. Primary suite features a walk-in closet, and tile shower stall. Very large bedrooms, both bathrooms have newer vanity cabinets, newer toilets, and plumbing fixtures, smooth walls and ceiling style texture throughout with lots of LED recessed lighting,, newer dual pane windows, slider and mahogany dark stained front door. Newer HVAC system and ducting. Large 9,322 lot, if you are looking for more space and extra income there is a potential for building an ADU separate from the main house in back yard, or you can extend the home from the front of the house. huge RV access that is 62 feet behind the gate with an additional 45 feet in front, drought tolerant landscape, all done in 2022!! Updated modern curb appeal, with 2 car garage and ample parking possibilities. Great location, this home is ready to move in!!
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| Nov 17, 2022 | Sold | ||
| Sold | |||
| Aug 5, 2022 | Listed by RE/MAX ONE | $829,950 | |
| Listed by RE/MAX ONE | |||
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Absolutely beautiful West Simi Valley single storyl! 4bd 2ba home completely remodeled top to bottom and upgraded with laminated wood flooring, new 1 panel doors, trim, brand new kitchen with shaker cabinets, quartz slab counters, and stainless steel appliances! Open concept main living space with step down living room, dining area that flows into the kitchen, and a fireplace. Master bedroom suite features a walk in closet, and tiled shower stall. Very large bedrooms here. Both baths have all new vanity cabinets, new toilets, and black finish plumbing fixtures! Smooth wall and ceiling style texture throughout with tons of LED recessed lighting. All new dual pane windows, slider and a mahogany dark stained front door! Brand new HVAC system and ducting! Large lot with RV access that is 62 feet behind the gate with an additional 45 feet in front, and a drought tolerant landscape! Updated modern curb appeal, ample parking possibilities, 2 car garage, and a great rear patio space make this a gem all around. This home is ready for a new family, come see it today!
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017