$825,000
●
House -
Off Market
1626 FOOTHILL Road
Ojai, CA 93023
3 Beds
3 Baths
2,289 Ft²
$1,408,954
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model
About This Property
Located on upper Foothill Road, this multi-level Tudor style home
is graced with nearly 1 acre of beautiful grounds, once on the Ojai
Garden Tour. This 3-bedroom, 3 bathroom home also features an
office and media room and enjoys gorgeous mountain views. Access to
local trails and are plentiful and within steps from your door. It
doesn't stop there... a separate 2-bedroom guest house is distanced
from the main house and backs up to the National Forest, enjoying
serenity and peace. Owned by the same family who built the home,
it's condition is largely original and presents an opportunity for
the next steward to breathe fresh life into this property and enjoy
the best of the Ojai lifestyle. Don't miss this opportunity!
Unit Size
2,289 Ft²
Days on Market
43 days
Land Size
-
Price per sqft
$360
Property Type
House
Property Taxes
-
HOA Dues
$17
Year Built
1978
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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: 4 months ago (CRMLS #V0-216005487)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2016 | Sold | ||
| Sold | |||
| Apr 11, 2016 | Listed by Keller Williams Realty | $825,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
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ft²
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HOA + Taxes
About Ventura
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Listed by: Sharon McClung, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# V0-216005487
Last Updated: 4 months ago
Data Source: CRMLS, MLS# V0-216005487
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