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2772 Lemon Drive
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 |
|---|---|---|---|
| Oct 18, 2019 | No longer available | - | |
| No longer available | |||
| Oct 7, 2019 | Listed | $499,000 | |
| Listed | |||
| | |||
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Indulge in this beautiful move-in ready home located in a safe Simi Valley neighborhood. When you walk into this home you notice the warm tones, the high ceilings and the natural lighting. This home features granite counter tops, hardwood flooring (downstairs), custom window coverings, vaulted ceilings, custom marble fireplace (family room), and remodeled bathrooms. Both bedrooms upstairs have their own en-suite bathrooms and ample closet space. Enjoy the private and floral backyard patio perfect for entertaining and BBQ. Home includes central heating and A/C, water heater (replaced 2017), new gas stove (replaced 2019), automatic sprinklers (drip system), and direct access to a painted/finished 2 Car Garage with lots of storage space. This home is zoned as a PUD, and is an attached single family home, not a condo. FHA loan is acceptable. The HOA is also responsible for common area maintenance, trash collection, and the community pool/spa. Lemon Park, Shopping Center, Restaurants, and Regal Movie theaters are just an easy walk away. The manager has listed the unit size as 1299 square feet.
| |||
| Oct 7, 2016 | Sold | ||
| Sold | |||
| Aug 24, 2016 | Listed by Berkshire Hathaway HomeServices California Realty | $415,000 | |
| Listed by Berkshire Hathaway HomeServices California Realty | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017