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1189 Lundy Drive
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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by Coldwell Banker Realty | $938,000 | |
| Listed by Coldwell Banker Realty | |||
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This beautiful Tom Paul home is now available for a new family to make it their own. The neighborhood is exceptional, with well-maintained lawns and minimal traffic, giving it a charming TV show-like atmosphere. The house sits on a spacious 10,000-square-foot flatland, ideal for those who love entertaining. The living room is oversized and ideal for hosting events or enjoying a cozy evening by the fireplace. The updated kitchen features custom cabinetry, ambient lighting, and stainless-steel appliances, making it a dream for any chef. The bedrooms are generously sized, providing ample space for various purposes. The primary bedroom boasts plenty of natural light, and its bathroom has a door leading to a secondary bedroom that can be used as a flex room or an additional bedroom. Outside, the grassy area offers a peaceful setting that can be customized to your liking. The backyard presents endless possibilities, allowing you to unleash your imagination. Additionally, the house is equipped with a tankless water heater, a regular water heater, a state-of-the-art security system, some updated plumbing, and much more.
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017