72
Map
3122 Springfield Street
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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.
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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 |
|---|---|---|---|
| Oct 9, 2026 | Listed by Keller Williams Exclusive Properties | $1,249,000 | |
| Listed by Keller Williams Exclusive Properties | |||
| Jun 3, 2019 | No longer available | - | |
| No longer available | |||
| Jun 2, 2019 | Relisted | $630,000 | |
| Relisted | |||
| May 25, 2019 | No longer available | - | |
| No longer available | |||
| May 13, 2019 | Listed | $630,000 | |
| Listed | |||
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Best value in Simi with almost 2500 sq. ft. on a large lot (over 9000 sq. ft.) with a bonus - all single level. Flex floor plan can be six bedrooms, or his and her office suites/studies, or with a bedroom and full bath behind the kitchen with an exterior access, be perfect for rental or extended-family living space. Separate living room and family room provide a large and open living space. This is the lowest-priced, yet biggest home on the market in Fountainwood; a desirable prime location in Simi. Best of all, with the low price, you are getting a blank-slate home. Do it your way. Buyer is not paying for upgrades that are now outdated nor the color scheme the buyer prefers. Since this home is single-level with a flexible floor plan and the potential to bring in extra rental income, this can be the buyer's optimal, last-and-forever home. This large, six bedroom, single-level floor plan would also be perfect for an Assisted Living Facility. Sold "As-is". The manager has listed the unit size as 2494 square feet.
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017