522 N Arnaz Street
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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 |
|---|---|---|---|
| Jun 7, 2023 | No longer available | - | |
| No longer available | |||
| Jun 5, 2023 | Sold | ||
| Sold | |||
| Apr 23, 2023 | In contract | - | |
| In contract | |||
| Apr 12, 2023 | Listed by eXp Realty of California Inc. | $875,000 | |
| Listed by eXp Realty of California Inc. | |||
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Whether end-user or investor looking for upside potential, don't miss this opportunity to own 2 homes on a spacious corner lot in Ojai! The 2-bed | 2-bath primary house boasts an open kitchen, dining, & living room w/ wood-burning fireplace. The kitchen offers a 6-burner gas cooktop on a center island, ample cabinetry, bay window, & stainless steel-appliances, while the primary bedroom has dual closets & an en-suite bath. The 1-bed | 1-bath home features full kitchen, french doors, & a bonus loft w/ potential to convert to 2 additional bedrooms. Each home is set apart by a central driveway w/ distinct & private fenced yards. Walking distance to local favorite restaurants, moments from the Ojai Meadows Preserve, & a short drive from downtown Ojai, find an idyllic Ojai lifestyle here! The manager has listed the unit size as 1987 square feet.
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| Feb 28, 2023 | Listed by eXp Realty of California | $875,000 | |
| Listed by eXp Realty of California | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017