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$887,000
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House -
Off Market
12242 Enramada Drive
North Tustin, CA 92705
3 Beds
2 Baths
2,244 Ft²
$1,296,733
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Single Story * Corner lot * On cul de sac street * RV parking
potential...Built in 1955 and located on a prime North Tustin street
where properties are rarely available on the market, this ranch
style home represents pride of ownership living with classic
mid-century details. Situated on just over ¼ acre grounds, the
residence has a semi-circular driveway and delightful backyard with
sprawling lawn, ample patio for outdoor entertaining, perimeter
gardens and a storage shed. Inside, the home's charming ambiance is
matched by a welcoming warmth. Beautifully preserved hardwood
floors, rich wood beamed ceilings and brick fireplaces add
wonderful character to two living areas – one featuring adjoining
dining space. The pristine and functional kitchen with dining nook,
extensive cabinetry and expansive countertops provides plenty of
room for preparing meals with ease, while a cozy adjacent den with
ceiling fan opens directly to the attached two car garage with
laundry hook ups. Three bedrooms – one with hardwood flooring, one
with a spacious walk-in closet and the wonderful master bedroom
addition featuring a lovely private bathroom and mirrored wardrobe
closet. Within the boundaries of award-winning Red Hill Elementary,
Hewes Intermediate and Foothill High schools and just a short drive
from the many dining and shopping establishments that make Tustin
such a special community, this terrific property provides an ideal
environment of comfort and quietude.
Unit Size
2,244 Ft²
Days on Market
40 days
Land Size
0.28 acres
Price per sqft
$392
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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 #PW19074524)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2021 | No longer available | - | |
| No longer available | |||
| Sep 20, 2021 | In contract | - | |
| In contract | |||
| Sep 19, 2021 | Relisted | $1,210,000 | |
| Relisted | |||
| Sep 2, 2021 | In contract | - | |
| In contract | |||
| Jul 14, 2021 | Listed by Seven Gables Real Estate | $1,210,000 | |
| Listed by Seven Gables Real Estate | |||
| | |||
|
From the moment you arrive at this spacious single level ranch style home you'll know that your search is now over! Located in a highly desirable North Tustin neighborhood, this home features 3 bedrooms plus an office, 3 bathrooms, a formal living room and dining room, eat-in kitchen and attached two-car garage. The huge lot is over 1/4 acre with endless possibilities, including potential RV access and extra parking, plenty of room for a pool, outdoor dining and recreation with a grassy lawn area, fruit trees and space for a home garden. Inside this charming home are beautifully preserved hardwood floors, vaulted wood beamed ceilings, three brick fireplaces and rich wood built-in shelves, desks and wardrobes. The living room and dining room provide more formal living areas, while the family room is the hub of the home with an impressive brick fireplace and doors that open to the central courtyard patio area, perfect for entertaining or relaxing. The eat-in kitchen leads to a flex space which could be used as an office, child's play area, or whatever you desire, with access to the central courtyard patio and attached garage. The generous size master bedroom features a fireplace and overlooks the central courtyard patio, and includes a large en-suite bathroom with a separate shower and tub. Two additional bedrooms, including one with a cedar walk-in closet and adjacent full bathroom provide plenty of space and privacy. Over $100,000 was spent upgrading the home in the last 3 years, with improvements such as a new HVAC, new roof, new sewer clean-out, new garage door and various electrical, plumbing, appliance and fixture upgrades. Located within the boundaries of excellent award-winning Red Hill Elementary, Hewes Intermediate and Foothill High schools this property is centrally located and conveniently close to two freeways, shopping and recreational amenities. The value of this home has withstood the test of time and is move-in ready or can be personalized by the next lucky homeowner. The manager has listed the unit size as 2278 square feet.
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Building Info
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About North Tustin
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Listed by: Kevin Drumm, Seven Gables Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19074524
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19074524
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