$1,035,000
●
House -
Off Market
1226 Rice Road
Ojai, CA 93023
4 Beds
2 Baths,
1
Half Bath
3,196 Ft²
$1,626,188
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
Your very own Ojai oasis awaits!! This 4 bed 2.5 bath ranch style
home offers nearly 3,200 sq. ft. & just under 1 acre of flat land.
Don't be fooled by the modest exterior... wait until you step
inside! The open Kitchen affords stainless steel appliances,
granite counters, double oven & gas cooktop on the over-sized
island. Enjoy meals in the Formal Dining Room, at the Breakfast Bar
or step through the french doors to a large wood deck for Alfresco
Dining. The Master is expansive with raised wood beam ceiling,
ensuite bath and walk in closet.The enormous park like yard
welcomes your new lifestyle of pool parties, fresh fruits & veggies
and even horses if you'd like! The sparkling Wailani Natural Pure
Water Pool was built 4 years ago with all the bells & whistles
including Pebble Tech, automatic pool cover & solar heating. The
orchard produces avocados, lemons & juicy oranges. Additional
amenities include an open style barn & RV parking. Welcome to your
ultimate Ojai Lifestyle!!
Unit Size
3,196 Ft²
Days on Market
85 days
Land Size
0.95 acres
Price per sqft
$336
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (CRMLS #V0-218006847)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2018 | Sold | ||
| Sold | |||
| Jun 4, 2018 | Listed by Keller Williams West Ventura County | $1,075,000 | |
| Listed by Keller Williams West Ventura County | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Mira Monte
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sharon McClung, Keller Williams West Ventura County
Last Updated: 5 months ago
Data Source: CRMLS, MLS# V0-218006847
Last Updated: 5 months ago
Data Source: CRMLS, MLS# V0-218006847
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