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2642 Blue Ridge Circle
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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 |
|---|---|---|---|
| Oct 20, 2026 | Price Decreased |
$1,125,000
↓ $44K
(3.8%) | |
| Price Decreased | |||
| Sep 3, 2026 | Listed by Keller Williams Westlake Village | $1,169,000 | |
| Listed by Keller Williams Westlake Village | |||
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Feb 10, 2023 | Listed by Century 21 Everest | $800,000 | |
| Listed by Century 21 Everest | |||
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Check out this unique opportunity to have a lovely single story home on a private cul de sac in a wonderful neighborhood in central Simi Valley. Ranch style home with 3 bedrooms and 2.5 baths, RV Parking, and pool/hot tub. A half bath is conveniently located in the back living room which opens up to the entertainer's backyard with a sparkling pool, hot tub, covered pergola, bar/nook, and more. Approx. 2157 sqft. (per tax assessor). Sitting on a lot size of 9700 sqft (per tax). Separate dog run area that could be used for a separate yard if the garage studio is rented out. Garage conversion initiated the permit process in 2019 (unpermitted at this time, buyer to verify with the County). Dual pane windows throughout. Solar panels through Tesla (previously Solar City). Open kitchen with large kitchen island, Viking appliances. Updated bathrooms in the hallway and master with tile work and modern touches. Long drive way with permitted carport parking. RV parking. The possibilities on this home are endless. Don't miss this opportunity at this value!
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| Jan 28, 2023 | No longer available | - | |
| No longer available | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017