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2974 Chippewa Avenue
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 | |||
| Jun 27, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed | $768,000 | |
| Listed | |||
| | |||
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This lovely 4BR +2.5 bathrooms (1 bedroom/office- is downstairs)pool home is nestled on an acre flag lot in a highly desirable east Simi Valley community. Inside you will find vaulted ceilings and dual pane windows, large open kitchen with granite counters. Upstairs, the master bedroom features: high ceilings with fireplace and a large bathroom with separate tub & shower. There are also two other bedrooms and an updated bathroom. Whole house water softener was installed to provide you better quality of water. Private driveway & 3-car finished garage offers ample room for cars, storage and possible RV! A park like unbelievable backyard: gated pool & spa, built-in BBQ, covered patio & multi-level patios for entertaining. This home is priced to sell. The manager has listed the unit size as 2490 square feet.
| |||
| Apr 19, 2018 | Listed by Century 21 Everest | $768,000 | |
| Listed by Century 21 Everest | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017