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2922 Encina Lane
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 |
|---|---|---|---|
| Jul 28, 2026 | Sold | ||
| Sold | |||
| Jul 17, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Price Decreased |
$729,000
↓ $40K
(5.2%) | |
| Price Decreased | |||
| May 23, 2026 | Listed by Epique Realty | $769,000 | |
| Listed by Epique Realty | |||
| |||
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The one you've been waiting for! This former model home on a sun-drenched corner lot in the sought-after Los Arboles at Greenbriar community delivers model-home style, thoughtful upgrades, and effortless move-in-ready living all in one. Natural light pours through every room, highlighting warm engineered hardwood floors that flow through the entire open-concept main level. The kitchen impresses with granite countertops, a mosaic tile backsplash, stainless steel appliances, and a center island perfect for entertaining. A stylish powder room and direct backyard access round out the main floor. Upstairs, the primary suite impresses with crown molding, plantation shutters, and a spa-inspired en-suite bath boasting a soaking tub, walk-in shower, and dual vanities. Two additional bedrooms share a well-appointed full bath, and laundry area with washer and dryer included keeps everyday living effortless. A private backyard retreat with artificial turf, mature hedges, and a wrought iron gate offers serenity with low maintenance. Rest easy knowing the big-ticket items have been replaced within the last 3 years: HVAC system, tankless water heater, and stainless steel appliances. Plus the added bonus of ember-resistant vents being installed. The HOA maintains exterior landscaping and includes a community playground. Located in the Simi Valley Unified School District, minutes to shopping, dining, parks, and the 118 freeway.
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| May 31, 2017 | Sold | ||
| Sold | |||
Property Highlights
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017