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1165 Mellow Lane
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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 |
|---|---|---|---|
| Apr 1, 2021 | Sold | ||
| Sold | |||
| Feb 4, 2021 | Listed by Pinnacle Estate Properties, Inc. | $1,089,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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Amazing property! Remodeled 4+3 with over 2 acres of incredible horse property and unparalleled panoramic views. Nowhere in Simi Valley is there a property like this one! One of the few multiple acre lots available in Bridle Path with great RV access a 3 stall barn with turnouts, tack room, hay barn and amazing acreage with room for multiple arenas and expansive pasture land zoned for 12+ horses perfect for someone with multiple horses, retired horses, a small horse sanctuary...the possibilities are endless. .One of the largest single story floorplans in Bridle Path with remodeled bathrooms and kitchen, hardwood flooring, dual pane windows, recessed lighting, custom moldings, indoor laundry, beautiful composite deck, one bedroom and bathroom separate from the others, spacious master suite with oversized walk-in closet and beautifully appointed remodeled bathroom, large secondary bedrooms and tastefully remodeled hall bath, large living room, family area and huge country kitchen with oversized island, stainless steel appliances and walk-in pantry. Part of Bridle Path, an equestrian community with miles of trails, a private mountain park for riding, and multiple arenas. One of the few homes in Bridle Path with this kind of land and view! . This truly is a once in a lifetime opportunity!
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| Dec 22, 2017 | Sold | ||
| Sold | |||
| Oct 24, 2017 | Listed by Maurice Kempner, Broker | $899,900 | |
| Listed by Maurice Kempner, Broker | |||
| Jul 8, 2017 | Listed | $949,900 | |
| Listed | |||
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This exquisite Bridle Path home has been completely remodeled starting from the beautiful open kitchen down to the expensive looking hickory wood floors. Included in the renovation of this lovely home is a kitchen with custom cabinets and interior lighting and granite counter tops where you can serve your family on the large island. This kitchen has been expanded from the original floor plan to give it that open feeling. The bathrooms have also been upgraded for that new fresh look. The designer crown molding and base boards add to the charm of this home. There is a lovely bay window along with french doors (all dual pane windows throughout) leading out to the back patio deck that overlooks million dollar views of Simi Valley! This property also comes equipped with a three stall barn and turn out for those horse enthusiasts and plenty of land to ride on. Miles of community riding trails throughout Bridle Path area including 1700 acre private park and 7 arenas. This propertyhas RV access large enough for all your horse trailers or water crafts. This is the ultimate turnkey property for you and your family (and horses!)! The manager has listed the unit size as 2490 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