Listed by: Teresa Gonzales, Better Homes and Gardens Real
$735,000
●
House -
Off Market
1621 Ballard Street
Simi Valley, CA 93065
3 Beds
2 Baths,
1
Half Bath
1,058 Ft²
$3,634
Est. Monthly
About This Property
Welcome to this cute single story home. This inviting home features
3-bedroom, 1.5-bathroom, a light & bright kitchen with newer
dishwasher & microwave. Tile flooring, laminate wood flooring in
the bedrooms, double pane windows, central air and heat. Good sized
enclosed patio room adding extra living space, wood like flooring
and carpet, recessed lighting, ceiling fan with light and remote
control. Large backyard with a good sized covered patio and fruit
trees.
Unit Size
1,058 Ft²
Days on Market
42 days
Land Size
0.18 acres
Price per sqft
$699
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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 #SR24220447)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by Better Homes and Gardens Real | $740,000 | |
| Listed by Better Homes and Gardens Real | |||
| Aug 3, 2019 | No longer available | - | |
| No longer available | |||
| May 8, 2019 | Listed | $480,000 | |
| Listed | |||
| | |||
|
BACK ON THE MARKET! STOP LOOKING AT CONDOS! MAKE THIS HOUSE YOUR HOME! This house is priced under market value. This home is in need of a little TLC. In a nice area in Simi Valley , near schools and shopping centers. This home offers a 3 bedroom 2 bathrooms , with extra living space that could be used as a family room. Large backyard. Newer windows, the full bathroom was remodeled about a year ago, solid wood cabinets, Spacious driveway. Backyard side access. This property has a lot of potential. The manager has listed the unit size as 1058 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Simi Valley
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Listed by: Teresa Gonzales, Better Homes and Gardens Real
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR24220447
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR24220447
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