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1499 Venice Street
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%.
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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 6, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | Listed by Pinnacle Estate Properties, Inc. | $799,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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SINGLE story in West Simi, sits on a corner lot, with fabulous curb appeal. 3 bedroom charmer, with a yard full of possibilities. Open floor plan, with new laminate flooring and recessed lighting. Updated kitchen boasts large center island, with marble countertops, custom white cabinetry, farmhouse sink and newer stainless appliances. All bedrooms have new carpet and ceiling fans. Master bedroom features custom built-in closet and en suite bath, completely redone, with shower stall, vanity and barn door. Interior doors have been updated, including new hardware. Backyard features custom patio with new concrete and plenty of useable space. Lots of room for a pool, garden, grassy area... wonderful place to entertain! Direct access to 2-car garage, with new drywall, sub panel, new garage door opener, and more! Driveway is extra wide, allowing for additional vehicle, or small boat/RV. This is a hot one...don't wait!
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| Feb 7, 2018 | Sold | ||
| Sold | |||
| Dec 30, 2017 | Listed by Century 21 Masters | $515,000 | |
| Listed by Century 21 Masters | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017