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1704 Hanley 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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Pinnacle Estate Properties, Inc. | $849,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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Nestled on a sweeping corner lot, this charming two-story offers a wonderful opportunity to make a well-loved home in a beautiful neighborhood your own. With many big ticket items already done for you, including new roof, recently replaced HVAC system, water heater, and energy-efficient dual-paned windows, all you need to do is add your own personal touches to make it shine! Enjoy the spacious and versatile floor plan offering 5 bedrooms and 3 bathrooms and over 2,400 sq ft. The primary suite is conveniently located on the first floor, with en suite bath and walk-in closet. The large open living areas boasts brand-new carpeting, a cozy brick fireplace and two sliding doors that leading to the rear yard. The bright and airy kitchen is generously sized and abundant with storage, allowing you to prepare meals and entertain with ease. Upstairs, you'll find four additional bedrooms and two updated bathrooms. Step out into your delightful rear yard with large grassy area and covered patio, perfect for outdoor relaxing and entertaining. The side yard offers a paved RV storage space, complete with convenient gated entry from the side street.This well maintained home easy access to all the wonderful amenities Simi Valley has to offer, including schools, parks, and shopping all just a short distance away. Welcome home!
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017