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2037 Latham Street
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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 10, 2024 | Listed by Keller Williams Exclusive Properties | $774,620 | |
| Listed by Keller Williams Exclusive Properties | |||
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Paradise just needs a little paint and carpet. Trustee is selling the family's home. Tons of potential. 3 + 2, built 1974, 1436 Sq Ft on an 8,537 sq ft lot. Lot has potential for RV Access. First time on the market in more than 30 years. Kitchen/family room combo was up graded a few years ago. Front yard is turf & plants. Rear yard is lattice covered over patio slab + plants, shrubs, lawn & sprinklers. Lock box on front door. Drive one mile west to Simi Valley's Town Center, mall & drive- one half mile east to local neighbor park. Easy access to 118 freeway, at Erringer.
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017