$540,000
●
House -
Off Market
160 Encinal Avenue
Ojai, CA 93023
2 Beds
1 Bath
616 Ft²
$780,533
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Situated on a charming street in Meiners Oaks, this unique home,
built in 1927, is an original to the neighborhood, a half block
away from the Farmer and the Cook, (an organic restaurant and
grocery store) and a short stroll to many other restaurants, the
local gym, both private and public schools, as well as numerous
trailheads to explore mother nature. This vintage cottage has
a new kitchen which showcases a local artist's mosaic backsplash,
and it has lots of storage with a walk in pantry. Large windows in
each room maintain the light-filled space, and the cottage has
central heat and air conditioning as well. Enchanted gardens
hide guest spaces, find both an outdoor bedroom, a dining room,
workspaces and a variety of places to relax, all surrounded by a
stunning variety of fruit trees and succulents. Raised planter beds
and a chicken coop are found here as well for the avid gardener.
Lots of room for future expansion. An Ojai lovers paradise!
Unit Size
616 Ft²
Days on Market
21 days
Land Size
0.17 acres
Price per sqft
$854
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1927
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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: 5 months ago (CRMLS #V0-219003102)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2019 | Sold | ||
| Sold | |||
| Mar 20, 2019 | Listed by Redfin Corporation | $526,000 | |
| Listed by Redfin Corporation | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Meiners Oaks
Similar Homes for Sale
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Listed by: John Burdick, Redfin Corporation
Last Updated: 5 months ago
Data Source: CRMLS, MLS# V0-219003102
Last Updated: 5 months ago
Data Source: CRMLS, MLS# V0-219003102
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