12851 Red Hill Avenue
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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%.
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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.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 28, 2020 | In contract | - | |
| In contract | |||
| Nov 18, 2020 | Relisted | $799,000 | |
| Relisted | |||
| Nov 17, 2020 | No longer available | - | |
| No longer available | |||
| Nov 6, 2020 | Listed | $799,000 | |
| Listed | |||
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LOCATION! LOCATION! LOCATION! POOL! Charming North Tustin SINGLE story features 4 bedroom, 2 bathroom home with original and refinished hardwood floors and renovated kitchen and bathrooms will not disappoint! Upon entering though the welcoming newer front door, you will be taken with the open concept kitchen with quartz counter tops, tiled backsplash, stainless appliances and oversized center island which flows easily to the generous family room. The french doors and dining area add to the well laid out space. There is an easy transition from indoors to the covered patio that looks out to the sparkling re-plastered and retiled pool and generous grassy area with new cedar fencing surrounding the yard! The neutral and newly done pavers complement the simple aesthetic. Among the fruit trees are 2 orange, a lemon tree, calamansi and a guava tree! With an attached 2 car garage and a generous gated driveway this home offers ease of use through and through. Some recently completed touches not to be missed are the Ring security system, dualpane windows, new water heater, repiped with PEX, recessed lighting, 2 lovely renovated bathrooms, one with a tub/shower combo, both done in bright white tones. For anyone ready to set your furniture down and relax, this home fits the bill!-- The manager has listed the unit size as 1448 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017