540 Spring Road #94
About This Property
The manager has listed the unit size as 1270 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 10, 2026 | Sold | ||
| Sold | |||
| Feb 8, 2026 | In contract | - | |
| In contract | |||
| Nov 28, 2025 | Listed | $515,000 | |
| Listed | |||
| | |||
|
Welcome to Moorpark! Step inside this desirable Park Springs condo, featuring the largest floorpan in the complex with 1,270 square feet, 3 bedrooms and 2.5 baths. This unit is move-in ready, boasting remodeled bathrooms, fresh paint throughout and hardwood floors. Situated centrally near the Metrolink, shopping, dining and schools, this is a great value and the perfect opportunity for first-time buyers!
| |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Price Decreased |
$511,000
↓ $28K
(5.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/28/2025
|
3 Bed
|
2 Bath
|
1270 ft²
|
$515,000
3 Bed
2 Bath
1270 ft²
|
$495,000
-3.88%
03/10/2026
|
Alan Candelario
Equity Union
| |
|
08/20/2025
|
3 Bed
|
2 Bath
|
1038 ft²
|
$499,000
3 Bed
2 Bath
1038 ft²
|
$510,000
+2.20%
11/18/2025
|
Kevin Ryan
eXp Realty of California Inc
| |
|
10/14/2024
|
3 Bed
|
3 Bath
|
1270 ft²
|
$524,900
3 Bed
3 Bath
1270 ft²
|
$543,000
+3.45%
11/13/2024
|
Inna Yalch
Evolve RE Inc.
| |
|
09/30/2022
|
3 Bed
|
2.5 Bath
|
1270 ft²
|
$499,999
3 Bed
2.5 Bath
1270 ft²
|
-
-
|
Lupe H Candelario
Evolve RE Inc.
| |
|
09/26/2016
|
3 Bed
|
2 Bath
|
1038 ft²
|
$285,000
3 Bed
2 Bath
1038 ft²
|
$279,000
-2.11%
10/28/2016
|
Beatriz Lopez
Century 21 Masters
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017