Listed by: Steven Sharp, Village Properties
$1,060,000
●
House -
Off Market
161 Willey Street
Ojai, CA 93023
4 Beds
2 Baths
1,744 Ft²
$5,647
Est. Monthly
About This Property
Nestled just minutes from downtown Ojai, this beautifully
maintained 4-bedroom, 2-bathroom home exudes warmth and comfort.
Step inside to find vaulted ceilings in both the living room and
family room, complemented by a cozy fireplace, creating the perfect
home-like atmosphere.Positioned between the coast and the heart of
Ojai, this home benefits from the refreshing afternoon breezes
brought by its proximity to the Ventura River.The backyard is an
entertainer's dream, featuring a sparkling pool, serene pond,
multiple seating areas, a firepit, and a fully equipped outdoor BBQ
kitchen. Whether you're gathering with friends or enjoying a
peaceful evening under the stars, this space is designed for
unforgettable moments.Additional highlights include RV parking and
a converted garage, offering extra living space--ideal for
accommodating guests or generating additional rental income. With
its prime location and thoughtful amenities, this Ojai gem is truly
one of a kind!
Unit Size
1,744 Ft²
Days on Market
78 days
Land Size
0.23 acres
Price per sqft
$659
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985
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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: 2 years ago (CRMLS #V1-25768)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Nov 17, 2024 | In contract | - | |
| In contract | |||
| Oct 20, 2024 | Relisted | $1,150,000 | |
| Relisted | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $1,195,000 | |
| Relisted | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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HOA + Taxes
About Mira Monte
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Listed by: Steven Sharp, Village Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# V1-25768
Last Updated: 2 years ago
Data Source: CRMLS, MLS# V1-25768
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