$1,210,000
●
House -
Off Market
1368 Farnham Road
Ojai, CA 93023
4 Beds
2 Baths
2,633 Ft²
$1,913,173
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Nestled in a very private setting off of Foothill Road, this unique
property sits on over 3+ acres and is behind a gate servicing only
a few other estate quality homes. The residence is a custom-open
concept floorplan including 4 bedrooms and 3 bathrooms, with a
large master suite on the main living floor and a third level loft
style office perched above. With a sophisticated and modern touch -
including large windows throughout taking advantage of the mountain
vistas from every room, the open style includes a kitchen with
stainless appliances, rich hardwood floors, beamed and vaulted
ceilings, and a stunning floor to ceiling rock fireplace in the
main living room. The downstairs includes 3 bedrooms all with
beautiful views, a main common area landing and a family room/bonus
room ideal for a media or game room. Just minutes from all of
Ojai's shops and restaurants yet the feel of ultimate privacy and
seclusion.
Unit Size
2,633 Ft²
Days on Market
174 days
Land Size
3.30 acres
Price per sqft
$486
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997
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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: 4 months ago (CRMLS #V0-218012639)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2019 | Sold | ||
| Sold | |||
| Oct 6, 2018 | Listed by Coldwell Banker Property Shoppe | $1,279,000 | |
| Listed by Coldwell Banker Property Shoppe | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Asking Price
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Sold On
Sold On
HOA + Taxes
About Ventura
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Listed by: Erik Wilde, Coldwell Banker Property Shoppe
Last Updated: 4 months ago
Data Source: CRMLS, MLS# V0-218012639
Last Updated: 4 months ago
Data Source: CRMLS, MLS# V0-218012639
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