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2992 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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | No longer available | - | |
| No longer available | |||
| Mar 2, 2024 | Listed by Engel & Völkers Westlake Village | $1,100,000 | |
| Listed by Engel & Völkers Westlake Village | |||
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Welcome to this lovely four-bedroom, three-bath home on a generous size lot. The well-designed layout provides ample room for relaxation and entertainment. The living area is light, bright, and airy. The kitchen is an updated chef's dream with modern appliances, sleek countertops, and plenty of storage space for all your culinary needs. The four bedrooms are upstairs. The master suite is a true sanctuary with a private ensuite bathroom. The additional three bedrooms provide versatility whether you transform them into cozy guest rooms, a home office, or even a personal gym. The expansive lot offers endless possibilities for outdoor activities and relaxation. Located in Simi Valley, this home is conveniently situated near schools, parks, and shopping centers. Don't miss out on the chance to make this house your dream home. The manager has listed the unit size as 2523 square feet.
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| Feb 15, 2024 | Listed by Engel & Voelkers, Westlake Village | $1,100,000 | |
| Listed by Engel & Voelkers, Westlake Village | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017