1
Map
550 Lorabel Way #C
About This Property
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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 |
|---|---|---|---|
| Oct 30, 2026 | Price Decreased |
$639,000
↓ $11K
(1.7%) | |
| Price Decreased | |||
| Sep 20, 2026 | Price Decreased |
$649,999
↓ $80K
(11%) | |
| Price Decreased | |||
| Sep 12, 2026 | Price Decreased |
$729,999
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Aug 14, 2026 | Price Decreased |
$749,999
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$759,999
↓ $19K
(2.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/22/2019
|
3 Bed
|
3 Bath
|
1507 ft²
|
$525,000
3 Bed
3 Bath
1507 ft²
|
-
-
|
-
| |
|
02/28/2019
|
3 Bed
|
2 Bath
|
1833 ft²
|
$559,900
3 Bed
2 Bath
1833 ft²
|
$555,000
-0.88%
05/17/2019
|
Robert Harris
Keller Williams Exclusive Properties
| |
|
05/04/2015
|
3 Bed
|
2 Bath
|
1347 ft²
|
$429,000
3 Bed
2 Bath
1347 ft²
|
$425,000
-0.93%
07/21/2015
|
Scott Spindel
Aviara Real Estate
| |
|
06/06/2013
|
3 Bed
|
2 Bath
|
1507 ft²
|
$340,000
3 Bed
2 Bath
1507 ft²
|
$360,000
+5.88%
08/09/2013
|
Deborah Gates
Pinnacle Estate Properties, Inc.
|
Building Info
About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017