$775,000
●
House -
Off Market
1863 Summertime Avenue
Simi Valley, CA 93065
4 Beds
3 Baths
2,571 Ft²
$1,323,562
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model
About This Property
There is a new opening in one of Simi Valley's most desired
neighborhoods! You'll find all the bells & whistles here in this
amazingly upgraded Greystone Simi Collection home. No HOA's for
this late 90's construction neighborhood. Your greeted with 2-story
ceilings and beautiful custom tile flooring at the entry. Hundreds
of thousands spent in upgrades including a complete kitchen &
master bathroom remodel. Kitchen offers high-end appliances &
granite. Other upgrades include: crown molding & custom lighting
throughout home including large baseboard molding, Plantation
shutters custom hardwood doors, and so much more. The downstairs
bedroom had a wall opened to the family room and closet removed;
but could be converted back into a 4th bedroom. Upstairs bonus room
was builder's optional 5th bedroom. There's also a 3-car garage.
Outside you'll find drought tolerant landscape, fruit trees,
covered patio & beautiful views from this builder's premium lot.
Great location- minutes to all!
Unit Size
2,571 Ft²
Days on Market
41 days
Land Size
0.13 acres
Price per sqft
$301
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1998
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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 #216004255)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2016 | Sold | ||
| Sold | |||
| Apr 2, 2016 | Listed by Coldwell Banker Realty | $775,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Sold On
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HOA + Taxes
About Simi Valley
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Listed by: Rick Gaviati, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216004255
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216004255
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