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2770 Fallon 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 |
|---|---|---|---|
| Aug 1, 2019 | Sold | ||
| Sold | |||
| Jun 12, 2019 | Listed by RE/MAX ONE | $594,900 | |
| Listed by RE/MAX ONE | |||
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Welcome home! This Central Simi Valley home offers tremendous value with numerous amenities and upgrades! A true entertainer's dream with large lot, sparkling pool, large covered patio and fire pit! Spacious side yards provide easy parking for a 40'+ RV and 20'+ boat or trailer. Drought tolerant landscaping and 19 producing fruit trees, all on drip lines for your convenience and water efficiency! Don't miss your 12'x16' barn with wrap around deck, electricity, work bench and storage! Finishing off the exterior is fresh paint and a newer 50 year roof with solar reflective shingles! Inside you'll find your gourmet upgraded kitchen, complete with Thermador double oven, griddle, grill and gas cook top. Tastefully redone cabinetry, countertops and farmhouse sink overlook your private rear yard! Neutral colors and LED lighting throughout make this home bright, open and move-in ready! Four bedrooms and two full baths, with one bedroom and one full bathroom conveniently located downstairs. Two car attached garage has been finished as a bonus room, easily doubling as a traditional garage if you so choose. This home leaves little to desire and is sure to move quickly! Come see it for yourself!
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| Apr 22, 2014 | Sold | ||
| Sold | |||
| Sep 30, 2013 | Listed by RE/MAX ONE | $465,000 | |
| Listed by RE/MAX ONE | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017