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3192 Sycamore Drive
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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 |
|---|---|---|---|
| Dec 14, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2023 | Listed by Keller Williams Westlake Village | $2,250,000 | |
| Listed by Keller Williams Westlake Village | |||
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An unbelievable opportunity awaits in the heart of Simi Valley with 2 parcels sharing phenomenal 180-degree views on two sides. The front of the site features vistas of the brilliant sky, valley, hillsides, and sparkling city lights at night. The back of the property looks out as far as the eye can see into open space and the natural terrain. Built in 1935, this property is ready for the right buyer to restore its luster and make it a pinnacle hillside estate once again. Gated and situated on 3.3 acres with a buildable lot, this property could be used as a family compound, investment property, private personal estate - let your creative ideas flow. The main house is 5,255 sq. ft. of Spanish Revival architecture, with a grand foyer, sunken living room with beamed ceilings, 4 bedrooms, 5 baths, basement, maid's quarters, huge walk-in pantry, and a covered front porch. The pool house is 1044 sq. ft. and is finished with vaulted wood ceilings, and views of the pool and hillsides. There is also an ADU on site (approx. 902 sq. ft.). Adding to the amenities is also a storage barn with approx. 20' ceilings (1,240 sq. ft.) with separate driveway access. Top it all off with a gorgeous sparkling blue swimming pool, hillside waterfall and elevated gazebo.
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017