2679 Velma Court
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 |
|---|---|---|---|
| Mar 20, 2026 | Sold | ||
| Sold | |||
| Feb 15, 2026 | No longer available | - | |
| No longer available | |||
| Feb 8, 2026 | Relisted | $969,000 | |
| Relisted | |||
| Jan 24, 2026 | In contract | - | |
| In contract | |||
| Jan 12, 2026 | Listed by Pinnacle Estate Properties, Inc. | $969,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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Wonderful Single-Story 4 Bedroom Home with Huge RV Access! Don't miss this incredible opportunity to own a spacious single-story 4 bedroom, 2 bathroom home tucked away at the end of a desirable cul-de-sac. Perfect for entertaining, this home features an open floor plan with a large family room, separate living room, and an updated kitchen with granite counters. Both bathrooms have been beautifully remodeled with spa-like finishes. Sitting on a generous lot, the property offers owned solar, a durable tile roof, upgraded 200 amp electrical panel, recessed lighting, and double-paned windows for energy efficiency. Additional highlights include updated flooring throughout, a wide driveway with RV access, and plenty of outdoor space for gatherings or toys. This one checks all the boxes--move-in ready, updated, and in a sought-after neighborhood. Hurry, it won't last!
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017