$1,675,000
●
House -
Off Market
10951 S Meads Avenue
Orange, CA 92869
4 Beds
2 Baths,
1
Half Bath
3,549 Ft²
$2,484,246
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Private, peaceful and secure describe this highly desirable horse
property located at the end of a Cul De Sac in the heart of Orange
Park Acres. This acreage includes 3 outbuildings, areas for
horses, a huge backyard for entertaining with pool / spa /
waterfall, oversized courtyard with lots of parking and a solar
heating system for the home and pool. The comfortable 4
bedroom, 3.5 bathroom home boasts hard surface flooring throughout,
upgraded kitchen with stainless steel appliances and an induction
cooktop, large family and living rooms that feature vaulted
ceilings, and easy access to the expansive backyard and pool. The
private backyard with views of the surrounding hills is a secluded
oasis. Convenience and technology is present with a tankless
water heater, wireless access to Nest thermostat, pool equipment,
and alarm system. The property provides peace of mind as it
offers multiple levels of security, beginning with a property
entrance gate, electric-operated security shutters for every door
and window, and a home security system. Don't miss this opportunity
to enjoy living at Orange Park Acres in your private estate.
Unit Size
3,549 Ft²
Days on Market
162 days
Land Size
1.00 acres
Price per sqft
$478
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002
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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 (CRMLS #LG19087597)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2019 | Sold | ||
| Sold | |||
| Apr 17, 2019 | Listed by Compass | $1,695,000 | |
| Listed by Compass | |||
Property Highlights
Garage
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 Orange
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Gary Boisen, Compass
Last Updated: 5 months ago
Data Source: CRMLS, MLS# LG19087597
Last Updated: 5 months ago
Data Source: CRMLS, MLS# LG19087597
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