231 Knoll Ridge Road
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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 |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| Jul 7, 2025 | Listed by Rodeo Realty | $1,299,000 | |
| Listed by Rodeo Realty | |||
| | |||
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Stunning Remodel! Solar Paid in Full! Gorgeous Yard! Welcome to luxury living at its finest in the exquisite guard-gated community of Long Canyon Estates in Wood Ranch (West Simi Valley). With a blend of modern warmth and a touch of voguish sophistication, almost every inch of this stylish home has been tastefully updated with the highest quality custom upgrades. Its light and bright interior spans roughly 2800 sqft of comfortable living space. Boasting 4 bedrooms & 3.5 bathrooms (1 bed/full bath downstairs), this incredible property is a true toast to modern living. Its interior features include: high-ceilings, new interior/exterior paint throughout, recessed LED lighting, vinyl wood plank flooring, designer style light fixtures, fully remodeled kitchen w/ quartz countertops, updated cabinets w/ new hardware, stainless steel appliances, farmer’s sink, custom floating shelves, remodeled powder room w/ rustic subway tile backsplash, new fixtures throughout, custom recessed framed tv, tankless water heater, plantation shutters and so much more. The upstairs living quarters boasts: a fully updated laundry room w/ wood countertop, designer style wall paper, a spacious primary suite w/ private balcony deck, walk-in closet w/ built-ins, his & hers sinks, soaking tub, and two spacious guest bedrooms w/ Jack & Jill bathroom. The exterior grounds are truly an entertainer’s delight that offer an indoor/outdoor living environment. Remodeled to perfection, the new-and-improved yard offers: new artificial turf (front & back), custom built-BBQ area, covered patio w/ new refrigerator/freezer, 5-burner Char-broil BBQ, outdoor tv, concrete countertops, new exterior pavers throughout, new drainage system, drip system, new exterior Bluetooth speakers, new exterior lighting, custom fire-pit area, new high-end above-ground spa (Cal Spas) w/ multiple features, LED exterior lighting, and a spacious 3-car attached garage. The Long Canyon guard-gated community offers multiple community pools & spas, clubhouses, walking paths, park, sport courts, and nearby hiking trails. Close to the world famous Ronald Reagan Presidential Library, restaurants, shopping, freeway access, and family entertainment, this rare gem is truly a must see!
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| Apr 30, 2019 | Sold | ||
| Sold | |||
| Mar 15, 2019 | Listed by Redfin Corporation | $869,000 | |
| Listed by Redfin Corporation | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017