1
Map
$760,000
●
Townhouse -
Off Market
525 Bannister Way #D
Simi Valley, CA 93065
3 Beds
2 Baths
1,672 Ft²
$4,215
Est. Monthly
$537
HOA / Fees
About This Property
Welcome to the gorgeous gated community of Summerside in Wood
Ranch! Are you looking for a 3 bedroom, 2.75 bath townhome that is
at least 1,600 sqft, is an END UNIT and is extra light and bright?
This could be it! Upon entering, you will immediately notice the
two-story ceilings and large windows that bathe the space with
natural light. The kitchen has been refreshed with painted white
cabinets, stainless appliances as well as quartz counters! The
family and dining rooms are nice sized and are the perfect place to
entertain family and friends! Also downstairs is a bedroom, a 3/4
bath and the laundry room, too. Upstairs you will experience two
primary bedroom suites, each with their own bath that includes 2
sinks, a separate shower and tub. Outside is a super cute, low
maintenance patio. Attached 2 car garage with DIRECT ACCESS. HOA
includes: pool, spa, picnic area, security gates and trash. Close
to blue ribbon schools, shopping and restaurants. Come take a look!
Unit Size
1,672 Ft²
Days on Market
27 days
Land Size
0.04 acres
Price per sqft
$448
Property Type
Townhouse
Property Taxes
-
HOA Dues
$537
Year Built
1998
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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: 10 days ago (CRMLS #223004861)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 1, 2024 | Sold | ||
| Sold | |||
| Dec 21, 2023 | Listed by Keller Williams Westlake Village | $749,000 | |
| Listed by Keller Williams Westlake Village | |||
| Dec 11, 2020 | Sold | ||
| Sold | |||
| Sep 12, 2020 | Listed by RE/MAX ONE | $569,999 | |
| Listed by RE/MAX ONE | |||
 | |||
|
Location,Location, Location end unit town home located in gated community summer side tract in Wood Ranch . This is the most desired floor plan and location! As you enter, two story high ceilings welcome you in the formal living room with fireplace. Light and bright floorplan. The first floor has a full bedroom with a 3/4 bathroom. Upstairs, two master suites with attached bathrooms with dual sinks, walk in closet, soaking tub and shower. The second suite full bathroom and large walk in closet. First floor laundry room. Two car direct access garage has lotsof storage. Outside, enjoy the privacy of this end unit with nice patio for entertaining. Gated community pool and spa with great hiking trails, golf, parks, exercise path.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Garage, DoorSingle
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s), High Ceilings, Recessed Lighting, Walk-In Closet(s), SeparateFormalDiningRoom, BedroomOnMainLevel, MultiplePrimarySuites
Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Carpet, Wood
Laundry Features: Laundry Room
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Has Property Attached
Square Footage: 1672
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Updated/Remodeled
Year Built Source: Assessor
Year Built: 1998
Levels: Two
Window Features: Blinds
Construction Materials: Stucco
Patio and Porch Features: Concrete
Pool Features: Association, In Ground
Lot Features: Cul-De-Sac, Landscaped
Lot Size Area: 1672
Lot Size Units: Square Feet
Lot Size Acres: 0.0384
Lot Size Square Feet: 1672
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Fireplace(s), Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds, Picnic Area, PetsAllowed
HOA Fee: $414
HOA Fee Frequency: Monthly
Condo/Coop Fee: $123
Condo/Coop Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
12/21/2023
|
3 Bed
|
2 Bath
|
1672 ft²
|
$749,000
3 Bed
2 Bath
1672 ft²
|
$760,000
+1.47%
02/01/2024
|
Cynthia Sorey
Keller Williams Westlake Village
| |
|
09/12/2020
|
3 Bed
|
3 Bath
|
1672 ft²
|
$569,999
3 Bed
3 Bath
1672 ft²
|
$569,999
12/11/2020
|
Mike Lefton
RE/MAX ONE
| |
|
04/06/2017
|
3 Bed
|
2 Bath
|
1507 ft²
|
$499,900
3 Bed
2 Bath
1507 ft²
|
$500,000
+0.02%
07/12/2017
|
Stephen Christie
Christie Realty Group
|
Building Info
About Simi Valley
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Listed by: Cynthia Sorey, Keller Williams Westlake Village
Last Updated: 10 days ago
Data Source: CRMLS, MLS# 223004861
Last Updated: 10 days ago
Data Source: CRMLS, MLS# 223004861
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