7821 Mesa 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 |
|---|---|---|---|
| Aug 1, 2026 | Listed by RE/MAX Gold Coast REALTORS | $166,000 | |
| Listed by RE/MAX Gold Coast REALTORS | |||
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Oct 21, 2025 | Listed by Denis Hann Realty | $162,999 | |
| Listed by Denis Hann Realty | |||
| | |||
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Please note, seller has lowered the price several times and are now firm at the listing price. This beautiful.15 acre property in the Simi Valley community provides you with beautiful views, lots of trees and paved roads. This lot appears to have access to some utilities for a quick and easy build. Don't miss out on what could be your new forever home. The buyer will be responsible to confirm utilities, details listed and any restrictions. Great investment property! Listing is for land only and comes As Is. Street addresses can be for listing purposes only and vacant land will receive a true street address once improved. I MAKE IT MY POLICY TO PUT ALL KNOWN INFORMATION ABOUT EACH LOT IN THE WRITE_UP DETAILS, SO IF YOU DON'T SEE THE ANSWER YOU'RE LOOKING FOR, PLEASE CONTACT THE COUNTY TO GATHER INFORMATION.PLEASE UNDERSTAND WHEN BUYING OR SELLING VACANT/RAW LAND THIS IS USUALLY THE CASE. THE LISTING AGENT DOES NOT GUARANTEE THE ACCURACY OF THE INFORMATION IN THIS LISTING AND IS TO BE HELD HARMLESS OF ANY MISREPRESENTATION. BUYERS ARE ENCOURAGED TO DO THEIR OWN DUE DILIGENCE TO MAKE SURE THE LOT IS A GOOD FIT. SELLERS HAVE STATED THAT THEY WISH TO SELECT THE TITLE AGENCY FOR CLOSING.
THEY ARE WILLING TO COVER THAT COST AT CLOSING. THANK YOU FOR LOOKING. THIS IS A FLAT FEE LIMITED-SERVICE LISTING.
| |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Price Decreased |
$161,999
↓ $3K
(1.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017