251 Knoll Ridge Road
About This Property
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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 25, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Pinnacle Estate Properties, Inc. | $1,325,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
| | |||
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Priced to Sell! $125k Below the Same Model in the Tract
This stunning 4-bedroom, 4.5-bath home with an office (which can easily serve as a 5th bedroom) offers luxury living at an incredible value. Located in the desirable Long Canyon gated community, this spacious property features all en suite bedrooms, each with its own private bath, making it perfect for comfort and privacy.
Upon entering, you are greeted by soaring ceilings, elegant shutters on the windows. The separate dining room is perfect for entertaining, and the entire home boasts upgraded engineered hardwood flooring throughout.
The gourmet kitchen is a chef’s dream, featuring quartz countertops, a stylish backsplash, a pantry, and built-in appliances. It opens up to a large, bright family room with fireplace, creating a seamless flow for modern living. Both the family room and dining room have sliding doors leading to the beautifully landscaped backyard with a heated sports pool—perfect for relaxation and exercise.
The main level includes a spacious bedroom with an en suite bath, a powder room, and an indoor laundry room with built-in storage.
Upstairs, the luxurious primary suite offers both a walk-in closet and an additional reach-in closet with mirrored doors. The spa-like en suite bathroom features a soaking tub, a separate shower, double sinks, and a private toilet area. Additionally, two more en suite bedrooms and a large office (or potential 5th bedroom) complete the second level. One of the bedrooms even includes a balcony with scenic views.
With its heated heated pool, ample outdoor space, and premium finishes, this home is an incredible find in a sought-after community. Don’t miss the chance to own this exquisite home at a great price!
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| May 18, 2023 | Sold | ||
| Sold | |||
Property Highlights
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017