12301 Enramada Drive
About This Property
Experience the epitome of indoor-outdoor living in this charming North Tustin home, with a pool and huge 16,200 sq ft lot.
Key Features include:
- Huge lot with two large flat pads located on a quiet cul-de-sac offers limitless possibilities for expansion or accessory dwelling unit.
- Gorgeous pebble finish pool with diving board and expansive pool paved area for relaxing pool-side or outdoor entertaining.
- Lush landscaping with mature trees, grassy lawn, fruit trees and raised planters creates a serene backdrop for everyday enjoyment.
- Indoor-Outdoor living with views of the backyard from the living room and covered patio/sunroom.
- New flooring featuring luxury vinyl with new carpet in the bedrooms.
- Eat-in kitchen equipped with new appliances and a sunny breakfast nook, catering to both daily meals and gourmet cooking adventures.
- Three spacious bedrooms including a walk-in closet in one bedroom.
- Main bathroom with separate shower and bathtub and additional powder room.
- Newer double-pane windows throughout, providing lots of natural light.
- Large storage shed with electricity and windows, a second garden shed and a large dog run offer flexibility in increasing the home's potential.
- Whole house fan and solar system (leased) offers substantial cooling savings.
- Location in a desirable North Tustin neighborhood with award-winning schools, minutes from parks, schools, shopping, and dining options. Easy access to major freeways ensures convenient commuting throughout Orange County and beyond.
WHY YOU'LL LOVE THIS HOME: This home is more than just a place to live; it's a retreat where tranquility meets convenience. Whether you're relaxing poolside in the backyard surrounded by mature landscaping or exploring the many neighborhood amenities, this property offers the ideal setting for creating lasting memories.
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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 |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Listed by Seven Gables Real Estate | $1,375,000 | |
| Listed by Seven Gables Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017