1
Map
$720,000
●
House -
Off Market
890 Congressional Road
Simi Valley, CA 93065
2 Beds
2 Baths,
1
Half Bath
1,539 Ft²
$763,016
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
Rare opportunity to acquire this Single Family detached home
located in the gated community know as the Fairways.
The property sits on a corner lot elevated above the community with
great views from the Master suite's wrap around balcony.
The property has 2 bedrooms upstairs separated by a full loft
between and overlooking the living room and dedicated dining
or den below. The upstairs has a master on suite bathroom,
and a secondary full bath for the loft and second bedroom.
The downstairs ground level entry has a wood burning fire
place in the living room, a full kitchen with counter
and an ''in kitchen dining area''. The gated side and
backyard has direct access from a Living room slider and doorway
from the kitchen dining area. Washroom area is in the large
2 car garage with direct access into the house. The HOA gated
community has security and a community pool. The property has
been leased for 5 years and the current tenant is vacating end of
March. Shown by appointment only with 24 hour notice.
Please do not disturb the tenant. The selling
agent is related to the seller.
Unit Size
1,539 Ft²
Days on Market
56 days
Land Size
0.12 acres
Price per sqft
$487
Property Type
House
Property Taxes
-
HOA Dues
$140
Year Built
1986
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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: 15 hours ago (CRMLS #223000621)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2023 | Sold | ||
| Sold | |||
| Feb 17, 2023 | Listed by RE/MAX ONE | $749,950 | |
| Listed by RE/MAX ONE | |||
| Dec 5, 2017 | Sold | ||
| Sold | |||
| Oct 6, 2017 | Listed by Aviara Real Estate | $598,999 | |
| Listed by Aviara Real Estate | |||
 | |||
|
Welcome to this private gated Wood Ranch corner lot view home. The property is MOVE-IN READY and offers two bedrooms, a versatile loft,and 2 1/2 bathrooms. Enjoy your morning coffee or evening glass of wine and beautiful mountain views from the large wrap-around balcony off the master bedroom. Light interior with newer bamboo wood flooring in the living room and new carpeting upstairs. The kitchen features refinished cabinets and an eat-in area. You'll love the brick fireplace and cozy feel of the living room. Freshly painted interior and exterior. Low maintenance back yard has a covered patio area and lots of planters for your garden. Newer AC and direct access two car garage with laundry. Don't miss this one - A great house at a great price! Please note HOA 1 is $79/Mo and HOA 2 is $68 bi monthly.
| |||
| Jul 8, 2017 | Listed | $599,999 | |
| Listed | |||
| | |||
|
Welcome to this beautiful gated Wood Ranch corner lot view home with low HOA. This property is very clean, MOVE-IN READY and offers two bedrooms, a versatile loft, and 2 1/2 bathrooms. Enjoy spectacular mountain views from the large wrap-around balcony accessed from the brand new slider off the master. Light and bright interior with newer bamboo wood flooring in the living room and new carpeting upstairs. The kitchen features refinished cabinets and an eating area. You'll love the brick fireplace and cozy feel of the living room. Freshly painted interior and exterior. Low maintenance back yard has a covered patio area and lots of planters for your garden. Newer AC/Heating and direct access two car garage with laundry area. Don't miss this one - This is a great house at a great price! The manager has listed the unit size as 1539 square feet.
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Simi Valley
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Listed by: Randall Barondess, RE/MAX ONE
Last Updated: 15 hours ago
Data Source: CRMLS, MLS# 223000621
Last Updated: 15 hours ago
Data Source: CRMLS, MLS# 223000621
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