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670 Tranquil Lane
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 |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Aug 2, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Price Decreased |
$1,150,000
↓ $25K
(2.1%) | |
| Price Decreased | |||
| Jun 6, 2026 | Price Decreased |
$1,175,000
↓ $24K
(2%) | |
| Price Decreased | |||
| Mar 6, 2026 | Listed by Innovate Realty, Inc. | $1,199,000 | |
| Listed by Innovate Realty, Inc. | |||
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Stunning ranch-style home located in the highly desirable Bridle Path community of Simi Valley. This beautifully maintained 4-bedroom, 2-bath property blends relaxed country living with modern comfort. Inside, the home features an open floor plan connecting the kitchen and living areas, creating a bright and inviting space perfect for entertaining or everyday living .A unique highlight of the property is the dedicated studio, ideal for anyone needing a private workspace or guest suite. The spacious bedrooms provide comfort and flexibility for family, guests, or a home office. Step outside to enjoy the expansive grounds featuring a thriving fruit orchard with 15 Avocado trees and plenty of room to embrace the outdoor lifestyle. Located within the Bridle Path equestrian community, the property includes a horse corral and direct connection to miles of scenic riding and hiking trails. Combining rural charm, creative space, and equestrian amenities, this exceptional home offers a rare opportunity to experience the best of Bridle Path living.
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017