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    6516 Affirmed Pl Moorpark, CA 93021
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    Property profile & analytics

    6516 Affirmed Pl, Moorpark, CA 93021

    View on Map
    • Residential income homes
    • 5,472 SF
    • 5.11 lot acres
    Off-Market
    Property ID
    US10-1117839
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 6516 Affirmed Pl

    Year built
    2002
    Lot size
    5.11 lot acres
    Property type
    Residential income homes
    APN
    5110-180-075

    Description

    This exceptional Moorpark, CA estate offers an unparalleled lifestyle. Nestled on 5.11 acres, this property boasts three houses: a main residence exceeding 4,300 square feet, a separate guest house with its own entrance and garage, and a manufactured home. The main house features an open-concept kitchen and dining area with an oversized island, updated cabinetry, and recessed lighting. A formal dining room and custom bar add to the elegance. Each room includes an ensuite bathroom, and the home is single-story for accessibility. The property also includes a 1,900 square-foot custom barn, multiple storage sheds with electricity, a private courtyard with a lap pool and a full bathroom, and a functioning fountain. Additional features include a Koi pond, extensive landscaping, and fencing suitable for various animals. The property is fully gated and paved, offering privacy and tranquility. Built in 2002 and renovated in 2016, this Class A property offers 5,472 square feet of living space across three buildings, totaling three units. The Ventura County location (APN: 5110-180-075) and thriving avocado grove provide both residential and potential income opportunities. The property is offered at $2,685,000. Virtual tours are available for the main house and guest house. All information should be verified independently by the buyer.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Moorpark
    County
    Ventura
    State
    California
    Longitude
    -118.9150493
    Latitude
    34.29398

    Comparable in this City

    • $950,000

      21.35 Acres Avocado Orchard

      Producing avocado orchard with panoramic views and building potential.
      5929 St Maarten Dr, Moorpark, CA 93021
      View Details
    • Contact for pricing

      227 Acres Near Fillmore, Moorpark

      227+/- acres with income potential near Fillmore and Moorpark.
      8643 Shekell Rd, Moorpark, CA 93021
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    • $1,200,000

      20-Acre Lemon Grove Estate

      Agricultural oasis with established lemon grove in Southern California.
      N Grimes Canyon Rd, Moorpark, CA 93021
      View Details
    • $3,900,000
      3,534,458.40 Acres

      81-Acre Orchard with Panoramic Views

      Prime Moorpark property with avocado and lemon orchards.
      15295 Middle Ranch Rd, Moorpark, CA 93021
      View Details

    Similar Nearby for Sale

    • $950,000

      21.35 Acres Avocado Orchard

      Producing avocado orchard with panoramic views and building potential.
      5929 St Maarten Dr, Moorpark, CA 93021
      View Details
    • Contact for pricing

      227 Acres Near Fillmore, Moorpark

      227+/- acres with income potential near Fillmore and Moorpark.
      8643 Shekell Rd, Moorpark, CA 93021
      View Details
    • $1,200,000

      20-Acre Lemon Grove Estate

      Agricultural oasis with established lemon grove in Southern California.
      N Grimes Canyon Rd, Moorpark, CA 93021
      View Details
    • $3,900,000
      3,534,458.40 Acres

      81-Acre Orchard with Panoramic Views

      Prime Moorpark property with avocado and lemon orchards.
      15295 Middle Ranch Rd, Moorpark, CA 93021
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
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      Moorpark Warehouse Space Available

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    • $2 SF/Yr
      1,730 SF

      Retail and Office Space Available

      Ground floor retail and small office spaces near Metrolink.
      530 Moorpark Ave, Moorpark, CA 93021
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    • Contact for pricing
      4,965 SF

      Moorpark Freestanding Office/Medical Building

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      830 Patriot Dr, Moorpark, CA 93021
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      Office Space Available for Lease

      Office space for lease in Moorpark, California.
      800-860 Patriot Dr, Moorpark, CA 93021
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    • $1.40 SF/Yr
      4,702 SF

      Moorpark Commerce Center Flex Space

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      View Details
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    Moorpark, CA 93021
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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