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4787 Summit Avenue
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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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | Listed by RE/MAX ONE | $929,000 | |
| Listed by RE/MAX ONE | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 22, 2020 | In contract | - | |
| In contract | |||
| Oct 13, 2020 | Listed | $699,950 | |
| Listed | |||
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Welcome home to this charming single story pool home in one of the most sought after neighborhoods in Simi Valley. From the moment you arrive, you know you have stumbled upon something special with picturesque mountain views and walking distance to award-winning Big Springs Elementary School. The private gated RV access is just waiting for your travel trailer or boat. As you enter, you are greeted with soaring ceilings, new dual paned windows, natural light and new designer paint. The inviting living room is spacious and centered around the arched fireplace, just waiting for you to enjoy it’s warmth this winter season. This open floor plan has a nice flow from all the living spaces, as well as direct access to the backyard. The bright kitchen provides ample space for storage, tile countertops and flooring, stainless steel appliances and plenty of sunlight. The spacious kitchen provides a breakfast area and pass thru window, for easy entertaining for your next summer BBQ. The cozy family room features vaulted ceilings, recessed lighting and gorgeous views of the backyard. Step out into your own private paradise, with brick ribboned concrete, covered patio with a ceiling fan and a newly updated pool with newer plaster, tile and pump. The mature landscaping provides beauty and privacy, making this backyard ready for you to entertain. This 4 bedroom home offers a master bedroom with high ceilings, direct private access to the backyard, dual closets, and very spacious. The manager has listed the unit size as 1891 square feet.
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Property Highlights
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About Simi Valley
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,750 /mo
- 3 Beds
- 1 Bath
- 1,141 ft²
$4,995 /mo
- 4 Beds
- 2 Baths
- 1,891 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017