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605 Noble Road
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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 |
|---|---|---|---|
| Jun 6, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by High State Realty | $2,295,000 | |
| Listed by High State Realty | |||
| Sep 2, 2017 | Listed | $1,299,000 | |
| Listed | |||
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Privacy and luxury meet here. Relax and enjoy this 4,112 sqft secluded home sitting on 30,000 sqft lot. Another splendid Morrison Highland Estate home. Built in 2000, the estate shows a stunning vaulted ceilings as you enter. A living room with fireplace, and all windows that bring in sunlight and beautiful natural lights and gorgeous views of a well manicured backyard. A large and well designed kitchen allows for breakfast at the center island bar, light meals in the "sale a manger" and enjoyable evening near the fireplace in the adjacent family room.Dine in elegance with picturesque views. Conveniently located is an office at the entrance, a bedroom downstairs near the full bath, a laundry room with plenty of linen closet and a sink.Upstairs, be amazed at the discovery of this Master suite offering a sitting room, fireplace & spectacular view over looking at the yard. At the end of the hall way find a Junior master, and 2 additional bedrooms. for a total of 5 bathrooms, 3 fireplaces, an office and all your formal and casual rooms. Arch doorways into rooms lit by charming chandeliers. Outdoor is just simply California living. Drop into the luxurious black bottom pool and spa. You will adore the peaceful paradise with the palm trees and mature landscape, built-in BBQ and luxurious pergola and rose garden. So nice, you could host weddings back there or simply enjoy lazy afternoon. This is a lifetime home in a beautiful setting. The manager has listed the unit size as 4112 square feet.
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017