$680,000
●
House -
Off Market
201 Portal Street
Oak View, CA 93022
2 Beds
1 Bath
1,157 Ft²
$983,502
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
First time on the market! This has always been a second home since
first built by family in 1970. Lovingly cared for and almost all
original, this solidly built charming two bedroom one bath home
includes an office currently serving as third bedroom. Cozy up to
wood-burning stove, spacious family room opens to galley kitchen,
separate laundry room and sunny enclosed front reading porch. Large
detached garage with high pitch open wood ceiling, small loft and
additional bath provides tons of possibilities, including
additional living space! Adjacent 15,681 sq. ft. lot included for
total of .65 acres. Tranquil and pastoral like setting with lovely
trees and ample room for recreational toys! Peek-a-boo Topa Topa
Mtn. views from your front yard. All very private and just a short
drive to downtown Ojai, Ventura or Santa Barbara. This is
semi-rural Ojai Valley Country Living at it's very best!
Unit Size
1,157 Ft²
Days on Market
37 days
Land Size
0.65 acres
Price per sqft
$583
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970
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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: 5 months ago (CRMLS #V0-219014632)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2020 | Sold | ||
| Sold | |||
| Dec 18, 2019 | Listed by RE/MAX Gold Coast REALTORS | $675,000 | |
| Listed by RE/MAX Gold Coast REALTORS | |||
Property Highlights
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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HOA + Taxes
About Oak View
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Don Edwards, RE/MAX Gold Coast REALTORS
Last Updated: 5 months ago
Data Source: CRMLS, MLS# V0-219014632
Last Updated: 5 months ago
Data Source: CRMLS, MLS# V0-219014632
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