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2043 Tulip 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 |
|---|---|---|---|
| Oct 27, 2026 | Listed by Compass | $649,000 | |
| Listed by Compass | |||
| Aug 20, 2026 | Listed by Compass | $699,000 | |
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Welcome to this light and bright home located behind secure gates in Casa Flores, a desirable 55+ community in Simi Valley. With the primary suite conveniently located on the main level, this thoughtfully designed two-story floor plan offers the ease of single-story living with additional flexible space upstairs. Step inside to a welcoming living room featuring soaring ceilings, abundant natural light, and a cozy fireplace. The spacious dining room offers direct access to the backyard and sits adjacent to the kitchen, complete with white cabinetry, granite countertops, and plenty of storage and workspace. The downstairs primary suite features high ceilings and a sliding glass door opening directly to the backyard. The ensuite bathroom includes dual vanities, a spacious closet, and a separate walk-in shower. Also on the main level are a dedicated laundry room and convenient half bath for guests. Upstairs, a spacious loft provides flexible living space ideal for a home office, family room, hobby area, or additional lounge. The second bedroom features its own ensuite bathroom with a tub/shower combination. Outside, enjoy a private, low-maintenance yard with space to relax or entertain. The HOA adds to the ease of living with maintenance of the front yard, exterior, roof, and more. Casa Flores residents also enjoy a community pool and spa, along with a neighborhood park. A wonderful opportunity for low-maintenance living with a versatile floor plan in a gated Simi Valley community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017