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1876 Duncan Street
About This Property
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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%.
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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 |
|---|---|---|---|
| Dec 4, 2025 | Sold | ||
| Sold | |||
| Nov 2, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$800,000
↓ $49K
(5.8%) | |
| Price Decreased | |||
| Oct 23, 2025 | Listed by Rodeo Realty | $849,000 | |
| Listed by Rodeo Realty | |||
| | |||
|
A rare opportunity in Simi Valley’s RVH zoning district—perfect for investors, developers, or homeowners seeking versatility!
This charming single-story home sits on an oversized lot with Residential Very High Density zoning (20.1–35.0 units/acre), allowing for future multi-unit potential. The property includes two garages (one detached with sub panel & plumbing), ample RV parking with dump station, and room for 10+ vehicles. Sustainable features include 26 panel Sun Run solar and a Tesla backup battery.
The home offers 3 bedrooms, 2 baths, a remodeled guest bath, vaulted ceilings, granite kitchen counters, copper plumbing and a spacious enclosed breezeway—ideal as a walk-in pantry or bonus room.
Enjoy a convenient lifestyle just steps from shops, cafes, and restaurants—this property blends comfort, functionality, and exceptional redevelopment potential. Opportunities like this don't come around often, book your showing today!
This house due to the zoning, includes special financing incentives. Call for further details.
| |||
| Jan 2, 2014 | Sold | ||
| Sold | |||
Property Highlights
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017