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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 |
|---|---|---|---|
| Oct 14, 2026 | Sold | ||
| Sold | |||
| Sep 19, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Listed by Pinnacle Estate Properties, Inc. | $1,475,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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Welcome to this exceptional single-story Bridle Path Saddleback home, ideally situated at the end of a quiet equestrian cul-de-sac on a sprawling nearly one-acre lot with beautiful hillside views. Offering approximately 2,210 sq. ft. of living space, this inviting home combines comfortable indoor living with an incredible backyard designed for entertaining and enjoying the Southern California lifestyle.The open floor plan features vaulted ceilings, wood-grain ceramic tile flooring, abundant natural light, and multiple flexible living spaces. Just off the entry is a versatile bonus room that can be used as a home office, formal dining room, or potential fourth bedroom. The kitchen features granite countertops, a butcher-block center island, farmhouse sink, recessed lighting, and a charming bay window overlooking the dedicated vegetable garden. An adjoining dining area with a white brick fireplace flows into the spacious family room with vaulted ceilings, wood accents, and direct access to the backyard.The private primary suite offers a walk-in closet, backyard views, and direct outdoor access, along with a beautifully appointed bath featuring dual sinks, a soaking tub, and separate glass-enclosed shower. Two additional bedrooms share an updated bath, while a separate laundry room and 3-car garage with storage and workspace add everyday convenience.The expansive backyard is truly special, featuring a sparkling pool and spa, built-in BBQ with sink, covered outdoor entertaining area with fire pit, multiple seating and viewing areas, mature landscaping, fruit trees, and plenty of room to relax and entertain. A dedicated vegetable garden with its own drip irrigation system is ideal for growing tomatoes, squash, herbs, and other seasonal produce.Additional highlights include a fully paid Tesla solar panel and backup battery system, dual-pane windows, and updated lighting. With room for a corral or barn and convenient access to nearby open space, hiking, and equestrian trails, this unique Bridle Path property offers an exceptional combination of privacy, space, views, energy efficiency, and Southern California indoor-outdoor living.
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| Jul 17, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by Pinnacle Estate Properties, Inc. | $1,395,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017