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1597 Casarin Avenue
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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 15, 2018 | No longer available | - | |
| No longer available | |||
| Sep 12, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | Listed | $519,950 | |
| Listed | |||
| | |||
|
Great floor plan, excellent area (adjacent to Royal High School and near Grace Brethren. Remodeled and upgraded kitchen, open dining area, large living room, added bonus room with pot bellied stove, spacious master bedroom with half bath attached, 2 other bedrooms and a full bath. Central Air. Covered rear patio, super large rear yard with a great shade tree and hammock. Great potential for an additional unit on site. Direct access 2-car garage with laundry area. Shows great! The manager has listed the unit size as 1650 square feet.
| |||
| Jul 26, 2018 | Listed by Century 21 Masters | $519,950 | |
| 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