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3848 Lucas Court
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 |
|---|---|---|---|
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Listed by Romeo Echo | $979,000 | |
| Listed by Romeo Echo | |||
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Welcome to 3848 Lucas Ct, an entertainer's dream nestled on a quiet cul-de-sac, designed for hosting, comfort, and flexibility. This thoughtfully designed home features two spacious primary (master) suites, ideal for multi-generational living, extended guests, or ultimate privacy for homeowners and visitors alike.At the heart of the home is a well-appointed main kitchen, perfectly positioned for entertaining with seamless flow into open living and dining areas--making it easy to host everything from intimate dinners to lively gatherings. A secondary kitchenette adds exceptional convenience, offering extra prep space for entertaining, guest stays, or flexible living arrangements. The loft is the perfect place to relax and enjoy family time.The open, light-filled layout invites connection and conversation, while the cul-de-sac setting provides privacy, reduced traffic, and a peaceful backdrop for indoor and outdoor entertaining. In addition, the home offers access to School of Choice, adding long-term value and flexibility for today's buyers.Blending versatility, entertainment-ready design, and a prime location near parks, shopping, and dining, 3848 Lucas Ct is a rare opportunity for those who love to host and live well.
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| Apr 26, 2019 | Sold | ||
| Sold | |||
| Mar 7, 2019 | Listed by RE/MAX ONE | $639,900 | |
| Listed by RE/MAX ONE | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017