11685 Leihy Avenue
About This Property
As you enter, you'll be captivated by the soaring vaulted ceilings and abundant natural light that enhances the open floor plan. Expansive windows provide picturesque garden views, seamlessly blending indoor and outdoor spaces. The spacious backyard is an entertainer's dream, featuring a pergola-covered patio, multiple gathering areas, and a tranquil garden retreat.
The main level includes a versatile 3-car garage, offering the potential to be converted into an additional bedroom. Upstairs, the lavish primary suite boasts vaulted ceilings, a spa-like bath, and two generous walk-in closets. The bright secondary and third bedrooms are tastefully upgraded, while a flexible loft provides space for a home office or bonus room. Solar energy panels are included in the home through SoCal Edison.
Surrounded by nature-inspired landscaping, large trees, and beautiful greenery, this community offers resort-style amenities including a neighborhood pool. Outdoor enthusiasts will appreciate the proximity to parks, Peters Canyon Trail, and Tustin Ranch Golf Club. The Tustin Marketplace and various shopping, dining, entertainment options, and award-winning schools are just minutes away.
This is the first time this home has hit the market so don't miss the chance to own this exceptional home in a desirable community. Schedule your showing today and discover the elegance and charm of 11685 Leihy Avenue.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Relisted | $1,599,000 | |
| Relisted | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Compass | $1,599,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017