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619 Watson 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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Aug 27, 2025 | Listed by Keller Williams Westlake Village | $501,310 | |
| Listed by Keller Williams Westlake Village | |||
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This home is a part of the City of Simi Valley Affordable Housing Program and has income restrictions. The program requires buyers to be First-Time Homebuyers meaning someone who has not owned and occupied their home in the last three years, and who has not lived in a home owned by a spouse in the past three years. Please email for a copy of the application packet. The property must be owner occupied. It's a diamond in the rough just ready for your updates and ideas. Located on a large lot at the end of a very quiet and private street, this home is loaded with potential. Featuring 4 bedrooms (all upstairs), 2 baths, sun room addition, large kitchen and a generous size family room, this home has all the makings of a great home. Please don't call the City of Simi Valley. Most of your questions will be answered in the information we have prepared for you.
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| Apr 26, 2019 | Sold | ||
| Sold | |||
| Mar 20, 2019 | Listed by HomeSmart Evergreen Realty | $410,949 | |
| Listed by HomeSmart Evergreen Realty | |||
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