6508 Twin Circle Lane #1
About This Property
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Cap Rate Calculator
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 17, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Price Decreased |
$519,000
↓ $999
(0.2%) | |
| Price Decreased | |||
| Nov 10, 2024 | Price Decreased |
$519,999
↓ $5K
(1%) | |
| Price Decreased | |||
| Oct 7, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/04/2024
|
2 Bed
|
2 Bath
|
998 ft²
|
$525,000
2 Bed
2 Bath
998 ft²
|
$510,000
-2.86%
01/17/2025
|
Joanne Weissman Littman
Equity Union
| |
|
05/15/2020
|
2 Bed
|
2 Bath
|
998 ft²
|
$379,000
2 Bed
2 Bath
998 ft²
|
-
-
|
-
| |
|
01/17/2020
|
2 Bed
|
2 Bath
|
1137 ft²
|
$399,900
2 Bed
2 Bath
1137 ft²
|
$395,000
-1.23%
02/20/2020
|
Cindy Slack
Keller Williams Exclusive Properties
| |
|
04/11/2017
|
2 Bed
|
1 Bath
|
998 ft²
|
$314,555
2 Bed
1 Bath
998 ft²
|
$321,000
+2.05%
06/01/2017
|
Thomas Costa
Century 21 Everest
| |
|
03/30/2016
|
2 Bed
|
1 Bath
|
1025 ft²
|
$329,999
2 Bed
1 Bath
1025 ft²
|
$325,000
-1.51%
06/01/2016
|
Jonathan Palacios
EXP Realty of California Inc
|
Building Info
About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017