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1533 Downing 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 |
|---|---|---|---|
| Sep 3, 2023 | No longer available | - | |
| No longer available | |||
| Aug 3, 2023 | Price Increased |
$865,000
↑ $30K
(3.6%) | |
| Price Increased | |||
| Jul 15, 2023 | In contract | - | |
| In contract | |||
| Jul 6, 2023 | Listed by Pinnacle Estate Properties, Inc. | $835,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
| | |||
|
Welcome to this meticulously kept home in the heart of Simi Valley! This move-in ready, 2 story home has a lovely kitchen with granite countertops, white cabinets, a movable island and a large window offering tons of natural light. A spacious dining area is conveniently located right off the kitchen with double French doors that lead you to the side yard. From the dining area, a darling arched opening connects you to the living room which has a cozy fireplace with a charming mantel. Adjacent to the living room is an open family room (formerly the 5th bedroom). You have a newly remodeled, full bathroom downstairs plus another bedroom with a mirrored closet! Upstairs, you will find the large master bedroom with a nook to use as an office/vanity along with a spacious closet. The master has direct access to a beautifully remodeled, shared bathroom. There are two additional bedrooms upstairs, both with ceiling fans and one with a walk-in closet. Enjoy the low maintenance backyard through the lovely French doors and sit under one of two pergolas with custom pavers! You have plenty of room for a playground, toys, gardening, or even an RV! Yes! You have RV access as well as a 3-car garage. This home has tons of storage, newer blinds and recessed lighting throughout, laminate flooring downstairs and carpet in the downstairs bedroom plus upstairs. Don’t miss out on this super clean and turn key home in a fantastic neighborhood, conveniently located near shopping, schools and dining! The manager has listed the unit size as 1943 square feet.
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| Oct 2, 2017 | Sold | ||
| Sold | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017