Listed by: Aimee McKinley, RE/MAX ONE
$749,000
●
Townhouse -
Off Market
485 Bannister Way #C
Simi Valley, CA 93065
3 Beds
3 Baths,
1
Half Bath
1,347 Ft²
$4,231
Est. Monthly
$553
HOA / Fees
5.51%
Cap Rate
About This Property
Welcome to your new home in the highly sought-after Summerside
complex within the picturesque Wood Ranch neighborhood of Simi
Valley. This beautifully updated 3-bedroom, 2-bathroom home offers
1,347 square feet of thoughtfully designed living space, perfect
for both comfort and style.Step inside to discover an inviting open
floor plan that seamlessly integrates the living, dining, and
kitchen areas. The kitchen is a chef's delight, equipped with
brand-new appliances that make cooking a breeze. The home's new
vinyl flooring adds a modern touch and enhances the light and
bright atmosphere throughout the space. Enjoy the convenience of a
new washer and dryer, as well as a recently installed water heater
and air conditioning and heating system, ensuring your
comfort in every season. Located in a vibrant community, this home
offers access to an array of neighborhood amenities. Take a stroll
through the scenic walking trails, enjoy the nearby parks, or make
a splash in the community pool. This property is not just a home,
but a lifestyle opportunity in a fantastic neighborhood.
Unit Size
1,347 Ft²
Days on Market
41 days
Land Size
0.03 acres
Price per sqft
$556
Property Type
Townhouse
Property Taxes
-
HOA Dues
$553
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #224004241)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by RE/MAX ONE | $749,000 | |
| Listed by RE/MAX ONE | |||
| Jun 10, 2022 | Sold | ||
| Sold | |||
| Apr 22, 2022 | Listed by Pinnacle Estate Properties, Inc. | $695,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
| | |||
|
Beautiful 3-bedroom townhouse in gated community of Wood Ranch! High ceilings allow for plenty of natural light, while plantation shutters finish off the look. Wood-flooring throughout. Kitchen opens to dining area and living room, creating an open floor plan overall. Stairs lead to all bedrooms, including main with en suite bath, featuring dual sinks, separate tub, shower stall, and walk-in closet. Sliding door from living space leads to spacious patio with lush landscape on hillside. Community offers gated access, pool, spa and is conveniently located to Long Canyon hiking trail, parks, school and more! Don't wait!
| |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Door Single, Garage
Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Levels: Two
Interior Features: Breakfast Bar, Separate Formal Dining Room, All Bedrooms Up
Appliances: Dishwasher, Gas Cooking, Refrigerator
Flooring Type: Laminate
Living Area Square Feet Source: PublicRecords
Laundry Features: In Garage
Has Fireplace
Gas, Living Room
Exterior Details
Property Condition: Updated Remodeled
Year Built: 1998
Parcel Number: 5960151025
Home Type: Residential
Roof: Tile
Outdoor Living Structures: Open, Patio
Spa Features: In Ground
Pool Features: Community, In Ground
Lot Size Source: PublicRecords
Lot Size Acres: 0.0309
Utilities Details
Heating Type: Central
Location Details
Association Fee: $430
Association Fee Frequency: Monthly
Association Fee2: $123
Association Fee2 Frequency: Monthly
Community Features: Gated, Pool
Security Features: Gated Community
Subdivision: Summer Side-399 - 1004512
High School District: Simi Valley Unified
Subdivision Name: Summer Side-399 - 1004512
Other Details
Listing Terms: Cash, Conventional
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/09/2024
|
3 Bed
|
3 Bath
|
1347 ft²
|
$749,000
3 Bed
3 Bath
1347 ft²
|
$749,000
11/19/2024
|
Aimee McKinley
RE/MAX ONE
| |
|
12/29/2023
|
3 Bed
|
3 Bath
|
1672 ft²
|
$765,000
3 Bed
3 Bath
1672 ft²
|
$750,000
-1.96%
01/29/2024
|
Deborah Gates
Pinnacle Estate Properties, Inc.
| |
|
04/22/2022
|
3 Bed
|
2 Bath
|
1347 ft²
|
$695,000
3 Bed
2 Bath
1347 ft²
|
$670,000
-3.60%
06/10/2022
|
Deborah Gates
Pinnacle Estate Properties, Inc.
| |
|
10/31/2019
| |
3 Bed
|
2 Bath
|
1672 ft²
|
$530,000
3 Bed
2 Bath
1672 ft²
|
$525,000
-0.94%
11/27/2019
|
Rosemerry Edge
Coldwell Banker Envision
|
Building Info
About Simi Valley
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Listed by: Aimee McKinley, RE/MAX ONE
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 224004241
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 224004241
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