658 Elevar
About This Property
Priced to Sell!!! This is the largest floor plan in the highly sought-after High Meadows community in Woodranch! Step into a grand entrance with soaring ceilings and abundant natural light throughout. The home features a convenient downstairs bedroom and full bathroom, perfect for guests or multigenerational living. Located just three homes from the cul-de-sac on a quiet street, this property offers both privacy and comfort.
Upstairs, the primary suite spans nearly half the second floor, complete with an oversized den that seamlessly flows into a spacious private office or entertainment room-an ideal retreat for work or relaxation. The well-designed layout enhances the open feel of the home, complemented by high ceilings and a bright, airy ambiance. A 3-car garage provides ample parking and storage space.
Living in Woodranch means enjoying a lifestyle surrounded by scenic walking trails, lush parks, and the prestigious Woodranch Golf Club-a local favorite known for its pristine fairways and mountain views. Residents also enjoy close proximity to top-rated schools, shopping centers, and dining options, making this the perfect blend of convenience and community living.
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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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 15, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Relisted | $1,099,999 | |
| Relisted | |||
| Oct 26, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Listed by eXp Realty of California Inc | $1,099,999 | |
| Listed by eXp Realty of California Inc | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017