1
Map
587 Fenwick Way #A
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%.
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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 |
|---|---|---|---|
| Feb 14, 2022 | Sold | ||
| Sold | |||
| Sep 2, 2021 | Listed by Pinnacle Estate Properties, Inc. | $650,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/13/2025
|
3 Bed
|
2 Bath
|
1507 ft²
|
$774,999
3 Bed
2 Bath
1507 ft²
|
$774,999
07/02/2025
|
RICHARD SARABIA
RE/MAX INNOVATIONS
| |
|
05/18/2022
|
3 Bed
|
2 Bath
|
1833 ft²
|
$769,000
3 Bed
2 Bath
1833 ft²
|
$800,000
+4.03%
06/27/2022
|
Carmen Mormino
Engel & Volkers Westlake Village
| |
|
09/02/2021
|
3 Bed
|
3 Bath
|
1672 ft²
|
$650,000
3 Bed
3 Bath
1672 ft²
|
$705,000
+8.46%
02/14/2022
|
Deborah Gates
Pinnacle Estate Properties, Inc.
| |
|
02/10/2017
|
3 Bed
|
2 Bath
|
1833 ft²
|
$509,950
3 Bed
2 Bath
1833 ft²
|
$509,000
-0.19%
05/01/2017
|
Amy Gandel
Pinnacle Estate Properties
|
Building Info
About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017