$1,287,000
●
House -
Off Market
868 FAIRVIEW Road
Ojai, CA 93023
4 Beds
3 Baths
2,714 Ft²
$2,090,542
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
Embodying the essence of Ojai living, this vibrant and imaginative
single level residence has a resort-style ambience. Quietly sited
on a flat acre with stunning mature trees and gardens, a sparkling
pool, spa and numerous fruit trees, there is even a small barn with
plenty of room for horses. A spectacular rock fireplace anchors the
oversized living room & welcomes guests to linger & relax before
moving into the gourmet kitchen & dining area or out to one of the
many porches, decks or pool. The luxurious master bedroom suite is
completely private w/ 2 closets & it's own separate screened porch.
Three additional bedrooms and two baths offer additional
flexibility and possibilities for guests, family life, home
offices, a gym or an artist studio.
Unit Size
2,714 Ft²
Days on Market
26 days
Land Size
1.05 acres
Price per sqft
$497
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (CLAW #18313810)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2018 | Sold | ||
| Sold | |||
| Feb 14, 2018 | Listed by Berkshire Hathaway HomeService | $1,350,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
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Baths
ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Meiners Oaks
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Nancy Kogevinas, Berkshire Hathaway HomeService
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 18313810
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 18313810
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