407 Bryant Circle #A
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 |
|---|---|---|---|
| Jul 10, 2025 | Listed | $1,349,000 | |
| Listed | |||
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Ojai trophy office/ Industrial Park. New Ojai Funk zone will allow a larger variety of uses including Wineries, Galleries, Dispensaries. Ideal owner/user property as all tenants on short term leases for potential owner/ user, or lease up and keep as an investment property. Cost is less than replacement costs, and barriers to entry in Ojai make this impossible to duplicate. Current tenants include Custom Glass design shoppe, Children's learning center, and Wine import business. This building is part of the Ojai Business Center complex. Tons of available parking both on site and on the street. Previous owners plans and applications to the City of Ojai for conversion to residential/ live work spaces area are available and would create a huge profit potential. Seller will finance with 25% down payment at 7% for five years.
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| Apr 17, 2023 | No longer available | - | |
| No longer available | |||
| Apr 5, 2023 | Listed | $1,499,999 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/09/2022
| |
Loft
|
-
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3361 ft²
|
$1,600,000
Loft
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3361 ft²
|
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|
Donald Pistotnik
Land & Real Estate Investments
|
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04/05/2023
|
Loft
|
-
|
-
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$1,499,999
Loft
-
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-
-
|
Albert M Goldberg
Albert Goldberg
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017