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2989 Flanagan 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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | Listed by Pinnacle Estate Properties, Inc. | $1,149,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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Discover 2989 Flanagan Drive, an impeccably maintained and updated Indian Hills Ridge home! Stunning curb appeal greets you, with stone accented exterior, drought tolerant landscaping and gorgeous iron and glass front doors.The open floorpan spans over 2,300 sq. ft with high ceilings, rich wood flooring and tasteful, neutral finishes. The remodeled and expanded kitchen includes stainless steel appliances, granite countertops and custom cabinetry. Convenient breakfast bar seating and adjacent breakfast nook open nicely to the family room with cozy fireplace. Don't miss the convenient built-in wine storage wall and wine fridge, wonderful for entertaining!Ascend upstairs to the primary suite with vaulted ceilings and spa-like ensuite bathroom featuring an updated shower, soaking tub and dual vanities. Step outside to your private viewing deck for a morning cup of coffee or simply enjoy the views of your backyard oasis. Three additional bedrooms are located upstairs, two of which enjoy vaulted ceilings and offer views of the surrounding mountains. The upstairs secondary bathroom has been nicely updated with dual vanities and coordinating fixtures.The impressive interior flows effortlessly to the rear yard with large covered patio, BBQ and spacious grassy area. Additional amenities include an indoor laundry room, three car garage, dual paned windows and sliders, plantation shutters, tankless water heater and 8 years new roof. Perhaps the best feature of all is the unobstructed front yard view overlooking the majestic and peaceful Chumash Park. Enjoy the tranquility of the open space or get out and embrace an active lifestyle with nearby biking and hiking trails, and the well equipped neighborhood park with playground, basketball court and workout area. Conveniently located just minutes from dining, shops and easy access to the 118 freeway. Welcome home!
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017