1
Map
$510,000
●
Condo -
Off Market
1842 Rory Lane #2
Simi Valley, CA 93063
2 Beds
2 Baths,
1
Half Bath
1,131 Ft²
$505,695
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Great opportunity in a private location at the back of this highly
desired Indian Oaks development, featuring 1131 sq. ft. of living
space with a single car garage with a sectional roll-up door and a
private parking space. Lots of natural light with features
including 2 master suites upstairs with private bathrooms, a
spacious living room with a slider to the inviting patio with vinyl
fencing, a dining room, a kitchen with a stainless sink, and a
garden window, dishwasher, and a double oven and range. There is a
powder room downstairs for guests, ceiling fans, mirrored closet
doors, a balcony on the main master upstairs with mountain views,
volume ceilings, an upstairs laundry room with a stackable
washer/dryer, and more. The Indian Oaks community offers a
community pool and spa. Convenient to great schools, parks, hiking
trails and recreation, restaurants, shopping, and just a short
distance to the 118 Fwy. for the commuter.
Unit Size
1,131 Ft²
Days on Market
35 days
Land Size
0.03 acres
Price per sqft
$442
Property Type
Condo
Property Taxes
-
HOA Dues
$450
Year Built
-
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Cap Rate Calculator
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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 days ago (CRMLS #222002101)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 8, 2022 | Sold | ||
| Sold | |||
| May 4, 2022 | Listed by Pinnacle Estate Properties, Inc. | $499,900 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage, Private, Storage, DoorSingle, OneSpace
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: High Ceilings, Open Floorplan, Storage, Balcony, SeparateFormalDiningRoom, AllBedroomsUp, MultiplePrimarySuites, PrimarySuite
Appliances: Double Oven, Dishwasher, Disposal, Refrigerator, GasCooking
Flooring Type: Carpet
Door Features: Sliding Doors
Laundry Features: Inside, Laundry Room, Stacked
Has Fireplace
Fireplace Features: Gas, Living Room
Exterior Details
Has Property Attached
Square Footage: 1131
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Year Built Source: Assessor
Year Built: 1981
Levels: Two
Window Features: Plantation Shutters
Patio and Porch Features: Patio, Concrete, Open
Pool Features: Association, Fenced, In Ground
Lot Features: Corner Lot, Paved
Lot Size Area: 1131
Lot Size Units: Square Feet
Lot Size Acres: 0.026
Lot Size Square Feet: 1131
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Fireplace(s), Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Earthquake Insurance
HOA/Condo/Coop Amenities: Maintenance Grounds, CallForRules
HOA Fee: $450
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/04/2022
|
2 Bed
|
2 Bath
|
1131 ft²
|
$499,900
2 Bed
2 Bath
1131 ft²
|
$510,000
+2.02%
06/08/2022
|
Alex Gandel
Pinnacle Estate Properties, Inc.
| |
|
02/11/2022
|
2 Bed
|
2 Bath
|
1437 ft²
|
$500,000
2 Bed
2 Bath
1437 ft²
|
$510,000
+2.00%
03/14/2022
|
JoAnn Tattersall
Active Real Estate
| |
|
05/31/2018
|
2 Bed
|
2 Bath
|
1591 ft²
|
$424,999
2 Bed
2 Bath
1591 ft²
|
$420,000
-1.18%
06/28/2018
|
Kathy Bradford
Keller Williams Exclusive Properties
| |
|
12/19/2016
|
3 Bed
|
2 Bath
|
1583 ft²
|
$415,000
3 Bed
2 Bath
1583 ft²
|
$415,000
02/15/2017
|
Edward Milanes
RE/MAX ONE
|
Building Info
About Simi Valley
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Listed by: Alex Gandel, Pinnacle Estate Properties, Inc.
Last Updated: 4 days ago
Data Source: CRMLS, MLS# 222002101
Last Updated: 4 days ago
Data Source: CRMLS, MLS# 222002101
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