215 Red Brick Drive #1
About This Property
Additional amenities include Central air and heat, solar, attached that goes into the kitchen area, custom wood beam ceiling in the den upstairs. This unit is ADA compliant.
HOA playground pool
kim look at the
large master suite with a large walk in closet
The manager has listed the unit size as 1663 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 9, 2023 | No longer available | - | |
| No longer available | |||
| Oct 11, 2023 | In contract | - | |
| In contract | |||
| Oct 4, 2023 | Price Decreased |
$729,000
↓ $21K
(2.8%) | |
| Price Decreased | |||
| Sep 27, 2023 | Listed | $749,950 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/09/2025
|
3 Bed
|
2 Bath
|
1493 ft²
|
$750,000
3 Bed
2 Bath
1493 ft²
|
$740,000
-1.33%
07/29/2025
|
Karin Wilson
Aviara Real Estate
| |
|
09/27/2023
|
3 Bed
|
2.5 Bath
|
1663 ft²
|
$749,950
3 Bed
2.5 Bath
1663 ft²
|
-
-
|
Michael Volante
Alternative Realty Group
| |
|
09/10/2022
|
3 Bed
|
3 Bath
|
1493 ft²
|
$695,900
3 Bed
3 Bath
1493 ft²
|
-
-
|
Janet M Brekke
Pinnacle Estate Properties, Inc.
|
Building Info
About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017