6490 Twin Circle Lane #6
About This Property
The manager has listed the unit size as 1280 square feet.
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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 |
|---|---|---|---|
| Jun 30, 2022 | Sold | ||
| Sold | |||
| May 18, 2022 | Listed | $569,990 | |
| Listed | |||
 | |||
|
Upgraded home with many improvements including, remodeled kitchen, replaced double pane windows, brand new toilets, newly installed patio fencing. The exterior was recently painted. 2 car garage with access to the home through the patio area. This home has beautiful design with a spacious floor plan, Living room with cozy fireplace, dining area off kitchen, a private and perfect patio area. Master bedroom with own bath room and walk in closet, spacious bedrooms all upstairs. Near freeway and shopping/ restaurants, etc.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/31/2026
|
2 Bed
|
2 Bath
|
1025 ft²
|
$499,000
2 Bed
2 Bath
1025 ft²
|
$500,000
+0.20%
09/21/2026
|
Edward Milanes
RE/MAX ONE
| |
|
05/18/2022
|
3 Bed
|
2 Bath
|
1280 ft²
|
$569,990
3 Bed
2 Bath
1280 ft²
|
$590,000
+3.51%
06/30/2022
|
John Thompson
Seabreeze Coastal Properties
|
Building Info
About Simi Valley
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