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886 Erringer Road
About This Property
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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 |
|---|---|---|---|
| Oct 14, 2023 | No longer available | - | |
| No longer available | |||
| Sep 4, 2023 | In contract | - | |
| In contract | |||
| Aug 10, 2023 | Listed by Pinnacle Estate Properties, Inc. | $795,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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This wonderful 4-bedroom, 2-bathroom home is located in a prime location across from the highly regarded Hollow Hills Elementary School. The house is ready for you to move in and offers several attractive features, including an updated kitchen and updated bathrooms.Upon entering the home, you will be greeted by a spacious and beautiful living room and dining area. These areas boast tall ceilings adorned with wooden beams that add an impressive sense of height and character to the space. The kitchen has been modernized with white cabinets and elegant granite countertops. Additionally, there's a convenient breakfast bar for casual dining, plus this home includes the stainless-steel refrigerator.Adjacent to the kitchen is a cozy family room, seamlessly connected to the kitchen's flow. This family room stands out with a charming brick gas fireplace, creating a warm and inviting atmosphere.One of the remarkable aspects of this home is the private backyard with two covered patios, each oriented differently to provide various options for enjoying the outdoors. One of the patios faces northeast, while the other faces southeast, ensuring you have shaded and cool spots for lounging or dining, regardless of the time of day.The lower level of the house features two bedrooms, one of which is quite spacious and could function as a second primary bedroom if desired. This floor also includes a remodeled full bathroom.Moving to the upper level, you'll find the primary bedroom. This room is accompanied by a large closet and offers scenic views of the surrounding hills, enhancing the overall ambiance. The primary bedroom also comes with an attached and remodeled full bathroom. This bathroom is equipped with a large walk-in shower, adding a touch of luxury to the space. The third secondary bedroom is also situated on this upper level.In summary, this home presents a wonderful opportunity to live in a well-situated location, offering modern amenities and a thoughtfully designed layout. With its updated kitchen, bathrooms, and cozy family room, along with the attractive outdoor spaces, it's a place that offers both comfort and practicality for a growing family or anyone looking for a charming and move-in-ready residence.**** The manager has listed the unit size as 1779 square feet.
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| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 25, 2018 | Sold | ||
| Sold | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017