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3520 Royal 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 |
|---|---|---|---|
| Nov 16, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $490,000 | |
| Listed | |||
| | |||
|
Check out this single story pool home in the heart of Simi Valley. This is a great starter home. Open floor plan. Kitchen has microwave, dishwasher and stove. French doors lead to the backyard. Pool. The house just needs a little cleanup.The manager has listed the unit size as 1233 square feet.
| |||
| Jul 11, 2017 | Listed by NextHome TERRA | $490,000 | |
| Listed by NextHome TERRA | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017