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1936 Arielle Lane
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 |
|---|---|---|---|
| Aug 27, 2021 | Sold | ||
| Sold | |||
| May 11, 2021 | Listed by Keller Williams Exclusive Properties | $2,299,000 | |
| Listed by Keller Williams Exclusive Properties | |||
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This home has it all, and more... From the prime Central Simi location, on top of a hill on the South Side of Simi overlooking the valley below, to the massive 6,200 plus square footage in the interior, this home just keeps giving. Gated driveway entrance brings you to your hilltop retreat motor court. Enter your attached 4 car garage, or park in your detached 5 car garage / workshop, or pull your large RV alongside your detached garage. Your spacious custom home features a large entry way leading to the formal living room w/fireplace, down the hall is the oversized family room w/fireplace and breakfast room. Gourmet kitchen with large center island and cabinets and counters that go on forever. Formal dining room for entertaining is adjacent to kitchen. There are 2 bedrooms on this floor each with it's own en-suite bath (perfect for guests). Rounding out the 1st floor is a Pool Table room (you can call it what you like as you want, or keep it the pool table room as the pool table comes with the house), the large laundry room and many ways to access the entertainer's rear yard. Upstairs are 2 additional bedrooms that share a Jack/Jill bath, a large 2nd family/media room, an office/tech center, a home gym or additional room and the large primary bedroom with it's own luxurious bath, dual closets and private balcony. The entertainer's rear yard features a cool pool and warm spa, a large covered patio with custom louvered shutters (yes, there is a remote), BBQ area, a large grass area, a 4 hole putting green, a romantic gazebo and a bistro area. The detached garage has had the single side area converted into a multi-use dance / exercise area (curtained off from the rest of the garage) and has it's own 3/4 bathroom. Storage sheds abound on the property, additional parking is unlimited, expansion for an ADU is available as well. This is your forever home!
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| May 5, 2014 | Sold | ||
| Sold | |||
| Mar 11, 2014 | Listed by Century 21 Everest | $1,799,000 | |
| Listed by Century 21 Everest | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017