66
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2235 Burnside
About This Property
As you enter the home, you are welcomed by a spacious living room featuring a cozy fireplace and picture window overlooking the front yard landscaping, creating an inviting first impression while filling the space with natural light. The living room flows seamlessly into the formal dining room with a beautiful bay window.. Throughout, newer dual pane vinyl windows and sliding doors enhance comfort and energy efficiency.
The kitchen opens to the family room which offers easy access through sliding glass doors to two covered patios, creating an effortless indoor-outdoor connection for relaxing, entertaining, or enjoying outdoor dining. The backyard offers wonderful potential to create an outdoor retreat.
Upstairs, the spacious primary suite provides a comfortable retreat with a sitting area, walk-in closet, walk-in shower, and private ensuite bathroom. The large loft/bonus room with built-in cabinetry and bookshelves gives flexibility for a game room, office, media room, hobby space, or additional living area.
Adding tremendous long-term value, the home has already undergone significant upgrades completed in 2021, including fully paid solar, helping reduce energy costs, a new roof, solar-reflective exterior paint, all newer dual pane vinyl windows, dual HVAC systems (one for each level) for improved year-round comfort, and two beautifully remodeled bathrooms.
The home is part low cost HOA community yet offering a true resort-style lifestyle, featuring two sparkling pools, tennis courts, basketball, handball and sand volleyball courts, playgrounds, BBQ areas, a gated park, and a clubhouse with a full kitchen and multiple lounge areas. Year-round community events further enhance the neighborhood's long-standing appeal and welcoming atmosphere.
Ideally located near shopping, grocery stores, dining, fitness centers, parks, schools, public transportation, and easy freeway access, this home presents an exceptional opportunity to enjoy space, comfort, community, and the chance to make it uniquely your own while benefiting from major costly improvements already in place.
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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 |
|---|---|---|---|
| Jul 16, 2026 | Sold | ||
| Sold | |||
| Jun 14, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Price Increased |
$850,000
↑ $1K
(0.1%) | |
| Price Increased | |||
| May 14, 2026 | Listed by High State Realty | $849,000 | |
| Listed by High State Realty | |||
Property Highlights
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About Simi Valley
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Address: 335 Madison Avenue, New York, NY 10017