2690 LEMBERT Street
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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| May 18, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed | $539,900 | |
| Listed | |||
| | |||
|
This one of a kind ranch style property. It features 4 bedrooms, 2 bathrooms, living room, an open kitchen, one three car driveway, and a two car driveway that is gated and can be used for RV access. The master bedroom has a walk in closet. The backyard features a calming water fountain, covered patio, dog run and kid friendly desert landscaping. It also features two sheds one is a workshop and the other is for storage. Don't forget about the mature avocado tree that will give you more avocadosthan you can handle. The kitchen has granite counter tops newer stainless steel appliances, and an awesome brick wall. There is bamboo and wood-like flooring through out the house. Custom slate and tile work in the bathroom. The second bathroom was permitted and added roughly a year ago. Move in ready. The manager has listed the unit size as 1534 square feet.
| |||
| Apr 6, 2018 | Listed by MCD Realty, Inc. | $539,900 | |
| Listed by MCD Realty, Inc. | |||
 | |||
|
This one of a kind ranch style property. It features 4 bedrooms, 2 bathrooms, living room, an open kitchen, one three car driveway, and a two car driveway that is gated and can be used for RV access. The master bedroom has a walk in closet. The backyard features a calming water fountain, covered patio, dog run and kid friendly desert landscaping. It also features two sheds one is a workshop and the other is for storage. Don't forget about the mature avocado tree that will give you more avocados than you can handle. The kitchen has granite counter tops newer stainless steel appliances, and an awesome brick wall. There is bamboo and wood-like flooring through out the house. Custom slate and tile work in the bathroom. The second bathroom was permitted and added roughly a year ago. Move in ready.
| |||
| Nov 21, 2012 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
Listed On
Sold On
About Simi Valley
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Last Updated: 5 months ago
Data Source: CRMLS, MLS# 12005671
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