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568 Bristol Avenue
About This Property
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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 |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Sep 12, 2025 | In contract | - | |
| In contract | |||
| Aug 27, 2025 | Relisted | $1,995,000 | |
| Relisted | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by Century 21 Masters | $1,995,000 | |
| Listed by Century 21 Masters | |||
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Luxury Meets Lifestyle in this One-of-a-Kind West Simi Valley Property! Single Story with 1,200 sqft ADU!! Don't miss your chance to own a truly exceptional property in the heart of the highly sought-after Pheasant Hills neighborhood of West Simi Valley. This horse-zoned, half-acre corner lot offers a blend of luxury, space, privacy, and flexibility--perfectly suited for multi-generational living, entertaining, and enjoying the very best of California living. This custom single-story home has been thoughtfully remodeled to create a warm and elegant space. The main residence spans 2,765 square feet and features four bedrooms and two and a half baths. Inside, soaring wood beamed ceilings and expansive new windows bathe the interior in natural light, while brand-new luxury vinyl waterproof flooring flows throughout the home, combining beauty with durability. The chef's kitchen is a true showpiece, centered around an oversized quartz island and featuring sleek finishes, a generous pantry with pull-out drawers, and high-end appliances--perfect for both everyday living and entertaining on a grand scale. The bathrooms have been completely reimagined with spa-inspired finishes, oversized walk-in showers, and high-end fixtures, creating a sense of luxury and relaxation in every detail. Solid wood doors, recessed lighting throughout, and a brand-new Lennox HVAC system ensure comfort and quality at every turn. Adding tremendous value and versatility is a beautifully constructed 1,200-square-foot ADU, completed in 2023. Meticulously designed by renowned architect Immanuel Davis and brought to life by the expert craftsmanship of VOSS Construction. With its own private entrance, this detached unit is ideal for extended family, guests, or rental income. It features a full kitchen with stainless steel appliances, its own laundry room, a stylish half bath for visitors, a spacious bedroom, and a luxurious full en-suite bathroom. Designed with both function and comfort in mind, the ADU seamlessly blends with the property while offering complete privacy and independence. Step outside and let your imagination run wild. The expansive backyard is a dream come true, offering endless potential for a barn, a pool, a putting green--or any vision you have in mind. A 40-foot covered metal pergola with pull-down shades creates the perfect setting for outdoor dining or relaxing in the shade, while a sport-court-sized concrete pad provides the ideal space for tennis, basketball, volleyball, or recreational fun. For those with toys or trailers, the property includes a separate gated entrance offering massive RV access with enough room to accommodate multiple RVs, boats, or horse trailers--an incredibly rare feature in this area. The landscaping has been thoughtfully planned with automatic lighting, a full sprinkler and drip irrigation system, and a stamped concrete walkway leading to the front door. Even the garage has been upgraded with insulation, epoxy floor and recessed lighting, reflecting the attention to detail found throughout the home. Opportunities like this don't come often. Come experience it for yourself--and make this exceptional estate your forever home.
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Property Highlights
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017