$540,000
●
House -
Off Market
1436 Orchard Drive
Ojai, CA 93023
2 Beds
1 Bath,
1
Half Bath
1,019 Ft²
$831,852
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
With an elevated setting nestled on a tree-studded slope and
dazzling mountain views... this uber-charming cabin-esque home is
going to delight your senses !! The 2 year new roof and freshly
painted exterior hints at the list of recent interior renovations
that include remodeled master bedroom and bathroom and newer
flooring. Relaxing in the enormous Great Room with volume ceilings
feels like being in a tree house and is truly the heart of the home
serving up extraordinary views. This quiet side street has little
turnover, perhaps due to its natural beauty and easy Hwy access to
town. The terraced grounds offer a multitude of outdoor spaces for
gathering, gardening or playing a round of horseshoes. There's
plenty of storage here and off street parking too. It's priced
right and the Sellers are ready to roll! You won't want to wait to
see this one....Sometimes the best things come in small packages!!
Unit Size
1,019 Ft²
Days on Market
84 days
Land Size
0.21 acres
Price per sqft
$540
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: 4 months ago (CRMLS #V0-218008282)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2018 | Sold | ||
| Sold | |||
| Jul 3, 2018 | Listed by Keller Williams West Ventura County | $549,900 | |
| Listed by Keller Williams West Ventura County | |||
Property Highlights
Garage
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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ft²
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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: 4 months ago
Data Source: CRMLS, MLS# V0-218008282
Last Updated: 4 months ago
Data Source: CRMLS, MLS# V0-218008282
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