Listed by: Cody Carras, The Agency
$915,000
●
House -
Off Market
5531 Barnard Street
Simi Valley, CA 93063
3 Beds
2 Baths
1,715 Ft²
$4,542
Est. Monthly
About This Property
Welcome to 5531 Barnard, a beautifully maintained single-story home
in the highly desirable Indian Meadows neighborhood. This
3-bedroom, 2-bathroom residence offers approximately 1,715 square
feet of living space on a spacious 10,890-square-foot lot. With
vaulted ceilings in the living areas and primary suite, the home
feels open and inviting. The upgraded kitchen features newer
stainless steel appliances and sleek counters, flowing seamlessly
into the dining and living areas perfect for gatherings or relaxing
evenings. The primary suite is a true retreat with direct backyard
access, vaulted ceilings, and an en suite bath with ample closet
space. The huge backyard is a private oasis, ideal for entertaining
or quiet moments. A 2-car garage and large driveway provide ample
parking. Located in a charming neighborhood close to parks,
schools, and amenities, this home is a rare find.
Unit Size
1,715 Ft²
Days on Market
35 days
Land Size
0.25 acres
Price per sqft
$539
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #25479815)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | Listed by The Agency | $925,000 | |
| Listed by The Agency | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Simi Valley
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Listed by: Cody Carras, The Agency
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 25479815
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 25479815
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