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3405 Ditch Road
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%.
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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 |
|---|---|---|---|
| Aug 2, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Listed by Sotheby's International Realty | $1,600,000 | |
| Listed by Sotheby's International Realty | |||
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This exquisite modern farmhouse is situated on 2.4 acres with a beautiful vineyard and panoramic mountain views. A country road entrance lined with pepper trees evokes feelings of being farther away than just outside the city limits. Views from the wraparound porch overlook the Zinfandel and Cabernet grapevines, and there is plenty of space for gathering and entertaining outdoors with decomposed granite installed in the back and side yards, all tastefully lit with custom outdoor lighting. An open floorplan allows for plenty of natural light and takes advantage of the views from every vantage point. Newly installed luxury vinyl tile flooring and updated millwork accent the windows and complement the French doors leading out to the porch. Recently featured in 805 Living magazine, the new kitchen design displays Brookhaven cabinets by Wood-Mode, butcher block from Wood Welded West, fixtures by California Faucets, undercabinet lighting, Caesarstone countertops, GE Monogram appliances, a Zephyr range hood, Kichler light fixtures, and a Shaws Fireclay apron sink. Other updates include a newly painted interior, recessed porch lighting, and ceiling fans. Take comfort in the independence of a fully owned solar power system (Solar World 300-watt panels/7000-watt system) designed for additional panels such as one for an electric vehicle, and enjoy additional self-sufficiency with chickens and eggs in a sophisticated coop with lights, misters, temperature control options, and access for ease of cleaning. Whether used for a workshop or for parking, there is ample storage in the 3-car garage and use of the toy hauler area. With all of these features and a convenient location near city amenities, this property offers a unique experience for those looking for something different.
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| Aug 2, 2016 | Sold | ||
| Sold | |||
| May 5, 2016 | Listed by Keller Williams Exclusive Properties | $1,149,900 | |
| Listed by Keller Williams Exclusive Properties | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017