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2019 Covington Avenue
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | Listed by High State Realty | $598,500 | |
| Listed by High State Realty | |||
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Welcome to 2019 Covington Ave, a charming, remodeled one story home in the heart of Simi Valley. This cozy place offers 982 square feet of modern living space on a 3,613 square foot lot, complete with a spacious backyard perfect for outdoor gatherings and relaxation.As you step inside, you'll notice the vaulted ceiling, the inviting atmosphere with new flooring, fresh paint, new doors, new sliding door and new dual pane windows throughout. The kitchen is a true delight, featuring new quartz countertops and newly painted cabinets and stainless still appliances. The open layout seamlessly connects the kitchen to the cozy living area, making it ideal for entertaining guests or enjoying a quiet evening at home.This home boasts two comfortable bedrooms, each offering ample closet space and one has an en-suite bathroom. The two updated bathrooms have modern fixtures and finishes, and quartz counter , new mirror and light fixturesParking is a breeze with a one-car garage and an additional carport. You'll love the community pool, which adds to the overall appeal and ensures a well-maintained and inviting neighborhood.Located in a desirable area, the community offer a pool and also just put a new roof on the houses and painted the outsides. The location makes it easy access to local amenities and attractions. It's situated in a sought-after neighborhood, providing a peaceful setting and a sense of community. Be home for summer!
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Property Highlights
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About Simi Valley
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,500 /mo
- 3 Beds
- 2 Baths
- 1,200 ft²
$2,500 /mo
- 1 Bed
- 1 Bath
- 950 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017