7696 Lilac Lane
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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 |
|---|---|---|---|
| May 6, 2024 | No longer available | - | |
| No longer available | |||
| Mar 25, 2024 | Listed by Compass | $1,549,000 | |
| Listed by Compass | |||
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Welcome to your exclusive and gated retreat nestled up a long private driveway atop the serene mountains of east Simi Valley. This bespoke residence sprawls gracefully across 2.8 acres of lush terrain, encompassing five distinct parcels of land. Revel in the unparalleled majesty of sprawling mountain views that adorn this sanctuary. The main residence, boasts 3 bedrooms and 3 baths plus a lower level suite and exudes an ambiance of sophistication and comfort. Towering blue pine ceilings, harmoniously juxtaposed with both wood and carpeted flooring, create an atmosphere of timeless elegance and warmth. Step onto the expansive wooden deck, a vantage point from which to savor breathtaking panoramas that inspire wonder. A lagoon-style pool, thoughtfully designed for leisure and entertainment, beckons on balmy summer evenings, inviting family and guests to indulge in moments of sheer relaxation. Discover a secluded flex space towering above it all, perfect for home office, gym, art or music studio or playroom to relax and enjoy the game. Adorned with yet another private deck with outdoor movie screen, this sanctuary provides inspiration from the endless views and magical sunsets. Enjoy the charm of the fruit groves and water tower on the property and embark on enchanting hikes along nearby trails, immersing yourself in the splendor of the surrounding landscape. Conveniently positioned adjacent to main freeways, with easy access to Calabasas and Topanga Canyon and just 35 minutes to Downtown LA this haven seamlessly integrates the tranquility of nature with the convenience of urban connectivity. Welcome home to your personal oasis where every moment is infused with relaxation and joy. The manager has listed the unit size as 2951 square feet.
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| May 17, 2021 | Sold | ||
| Sold | |||
| Mar 26, 2021 | Listed by Sotheby's International Realty | $1,365,000 | |
| Listed by Sotheby's International Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017