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621 Covington 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%.
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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 |
|---|---|---|---|
| Jan 19, 2018 | Sold | ||
| Sold | |||
| Sep 1, 2017 | Listed | $924,000 | |
| Listed | |||
| | |||
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Located at the top of the cul de sac on upper Covington Avenue, you will find this gorgeous 4 bedroom, 3 bath, 3 car garage home set on a large beautifully landscaped lot backing up to acres and acres of pristine open space. Built in 1999, and in excellent condition, this 4 bedroom 3 bath home is move-in ready. The kitchen has been recently remodeled with stainless steel Wolf appliances, top of the line new cabinets and granite counter tops. Downstairs you will find wood flooring throughout withrecent paint, soaring vaulted ceilings in the living room, an off-kitchen family room with fireplace, formal dining room, separate laundry room with sink and cabinets. The master suite upstairs has a separate sitting area with fireplace, spacious bath with soaking tub and separate shower, large wal The manager has listed the unit size as 2986 square feet.
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| Aug 22, 2017 | Listed by Century 21 Masters | $829,000 | |
| Listed by Century 21 Masters | |||
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