6943 Solano Verde Drive
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 |
|---|---|---|---|
| Jul 24, 2025 | Listed | $1,450,000 | |
| Listed | |||
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20-Acre Dream Property in Prestigious Solano Verde Ranches:Welcome to 6943 Solano Verde Drive, a rare and remarkable 20-acre developable parcel nestled in the heart of Ventura County's exclusive Solano Verde Ranches--a coveted enclave known for its privacy, prestige, and luxurious estate properties. This hard-to-find offering includes approximately 15 usable flat acres, providing an ideal canvas for building your custom dream home, world-class equestrian facilities, riding arenas, or even a private vineyard. The remaining acreage features a gentle hilltop that offers panoramic views of the surrounding estates and countryside--perfect for a guest house or scenic overlook.From the moment you arrive, the property impresses with its inviting split-rail fencing, mature jacaranda trees, and expansive frontage. All utilities are conveniently located at the street, offering an easy path toward development.Located in Somis, California, a tranquil and unincorporated community in Ventura County, this property is prized for its rural charm, low density, and agricultural heritage, while still offering excellent access to modern conveniences. The Solano Verde Ranches community is known for its multi-million dollar estates, equestrian amenities, and large parcels that blend luxury living with open space and privacy.Enjoy the benefits of a temperate Mediterranean climate with refreshing ocean breezes thanks to the property's proximity to the coast. Camarillo is just a short 15-minute drive, offering shopping, dining, and freeway access. Santa Barbara is approximately 50 minutes to the northwest, while Los Angeles is about one hour to the southeast, making this an ideal location for those seeking a peaceful retreat within reach of city life.Whether you're envisioning a luxury ranch estate, a premier equestrian compound, or simply a serene place to call home, 6943 Solano Verde Dr offers the space, setting, and location to bring your vision to life.Don't miss this opportunity to own a legacy property in one of Ventura County's most prestigious communities.
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| Apr 2, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | Price Decreased |
$1,400,000
↓ $25K
(1.8%) | |
| Price Decreased | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by RE/MAX Gold Coast REALTORS | $1,425,000 | |
| Listed by RE/MAX Gold Coast REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017