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2376 Royal Avenue #23
About This Property
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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 |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | Listed by RE/MAX ONE | $585,000 | |
| Listed by RE/MAX ONE | |||
| | |||
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Don't miss the opportunity to view this special unit. Great location near the end of the complex and away from the street. This one has it all with 3 bedrooms, 2.5 bathrooms, fresh paint, new carpet and updated kitchen plus an attached garage. Spacious living and dining area open to the kitchen with new countertops, refrigerator and stainless steel sink. Downstairs half bath and indoor laundry. Upstairs are two secondary bedrooms and a primary bedroom all with ceiling fans and ample closet space. Lots of storage is available in this unit. Outdoor patio for your BBQ. Direct access to two car garage! Community is centrally located near parks, schools and shopping. This is a great opportunity for homeowner or investor.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/10/2025
|
3 Bed
|
2 Bath
|
1414 ft²
|
$585,000
3 Bed
2 Bath
1414 ft²
|
$585,000
02/18/2025
|
Daniel Siemon
RE/MAX ONE
| |
|
04/08/2022
|
3 Bed
|
2 Bath
|
1088 ft²
|
$510,000
3 Bed
2 Bath
1088 ft²
|
-
-
|
Daniel Tresierras
Park Regency Realty
| |
|
01/03/2020
|
3 Bed
|
2 Bath
|
1088 ft²
|
$469,950
3 Bed
2 Bath
1088 ft²
|
-
-
|
-
| |
|
01/25/2019
|
3 Bed
|
2 Bath
|
1150 ft²
|
$379,950
3 Bed
2 Bath
1150 ft²
|
$374,950
-1.32%
03/13/2019
|
Adam Martinez
Romeo Echo USA
|
Building Info
About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017