1
Map
3622 3624 Ojai Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 14, 2022 | Sold | ||
| Sold | |||
| Jul 12, 2022 | No longer available | - | |
| No longer available | |||
| Aug 31, 2021 | Listed by Daniel Morelli | $1,499,000 | |
| Listed by Daniel Morelli | |||
| | |||
|
Gated entrance to a One Acre Estate with two professionally remodeled single family homes located on Hwy 150 which is a gateway to Ojai Valley. This flat one acre property has a park like setting. High end renovations were done with permits. The property has a detached 1,000+ SF four car garage and plenty of parking. The main home is 2,069 SF with 3 bedrooms and 2 full bathrooms. The second home is 1,073 SF with 2 bedrooms and 1 full bathroom. There is plenty of extra guest parking. Behind the two homes is 1/2 acre of the property which is flat and fenced with a 1,500 SF concrete pad that has 30 amp electrical service. This area could be used for storing recreational vehicles, a boat, construction equipment or you could build a large equipment shed or barn. Under the oak trees toward the front of property is a RV dump station, water hook up and a 50 amp electrical service for overnight guests. There is plenty of land for a large garden or animals. The property is completely fenced with a gated entrance. There is plenty of room for a pool. Both homes have central air conditioning and heating. Interiors have been extensively remodeled and are in turn key condition and ready for you to move in today.
| |||
| Aug 17, 2021 | Listed by Daniel Morelli | $1,499,000 | |
| Listed by Daniel Morelli | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017