922 CAREFREE Drive
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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.
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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 26, 2026 | Sold | ||
| Sold | |||
| Mar 16, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Listed by Douglas Elliman of California, Inc. | $1,395,000 | |
| Listed by Douglas Elliman of California, Inc. | |||
| | |||
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Welcome to an exceptional equestrian retreat in the Bridle Path community, where luxury living meets true horse property charm. On a sprawling ½ acre private lot, this one-of-a-kind estate offers the perfect blend of elegance, space, and riding lifestyle. Expansive custom home with beautifully designed interiors. Open-concept living spaces filled with abundant natural light ideal for everyday comfort and entertaining. Spectacular gourmet kitchen with high-end appliances and oversized island. Spacious primary suite with spa-style bath, decorative fireplace, expansive walk-in closet and a loft with views. 4th bedroom is used as an office.
Primarily flat lot with excellent extensive horse facilities. Stalls with large turnouts, tack room, exercise areas, fly spray system, 2 Nelson stand waterers, wash racks. As part of the Bridle Path community, you'll enjoy superb equestrian amenities including easy access to the private 1,700 acre mountain park with miles of scenic riding and hiking trails, arenas, and round pens. Resort-style backyard with room to entertain or relax. Salt water pool and spa, fully gated for child and pet security. Mature landscaping, grassy area, privacy, and peaceful surroundings. Dual zone HVAC, owned paid off solar, security system. Plenty of space behind gates for RV’s and trailers. 2 car garage has built in storage cabinets and 2 extra rooms – one used as a gym and the other a hobby room/workshop.
Located just minutes from shopping, dining, and freeway access—yet offering the serenity of country living—this is a rare opportunity to own a premier equestrian estate in one of Simi Valley’s most coveted neighborhoods. Live the lifestyle. Ride from home. Welcome to Bridle Path. Video: https://youtu.be/fr4okqYxE3E?si=qz5jMWfgJGJwEdL0
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| Oct 17, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017