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2988 Kilaine Drive
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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%.
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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 |
|---|---|---|---|
| Jun 12, 2022 | No longer available | - | |
| No longer available | |||
| May 20, 2022 | In contract | - | |
| In contract | |||
| May 6, 2022 | Listed by Harcourts Bella Vista Realty | $889,000 | |
| Listed by Harcourts Bella Vista Realty | |||
| | |||
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Turnkey, charming, Grove property, with large private yard and huge, fenced front yard.Bright living room with fireplace, formal dining, office. Downstairs bedroom, full downstairs bathroom, new kitchen, indoor laundry.Upstairs are 3 large bedrooms including an oversized master bedroom with walk in closet and fully remodeled master bath and remodeled hallway bath.Recessed lighting, newer electrical panel, Seller prepaid Solar lease for 20 years term, 4 years ago, retractable awning patio cover, many dual pane windows, water filtration system and much more.The home has an open floorplan with vaulted ceilings and lots of natural light. Beautiful, private yard with lush vegetation, several large mature fruit trees, flowers, plants, separate vegetable garden, newer draught tolerant landscaping in front with drip system.Excellent location, close to Lemon Park, Boys and Girls Club, Simi Valley City Center and Library just around the corner, close to shopping, restaurants, theaters, easy access to freeway.No HOA and with the prepaid solar lease, power bills are minimal. The manager has listed the unit size as 2168 square feet.
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| Nov 15, 2019 | Sold | ||
| Sold | |||
| Oct 3, 2019 | Listed by Pinnacle Estate Properties, Inc. | $679,950 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017