$739,990
●
House -
Off Market
12951 Malena Drive
North Tustin, CA 92705
3 Beds
1 Bath,
1
Half Bath
1,984 Ft²
$1,125,821
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
If you are looking for a single story ranch on a charming street
where you can use your talents to renovate on your own terms, look
no further. This property is situated on a fantastic 13,000 square
foot lot with infinite possibilities. With loads of privacy and a
charming horse shoe street with 3 bedrooms and 1 1/2 baths with a
family room conversion of the former garage. Other than the family
room, the home is on a raised foundation. New carpet in the 3
bedrooms and newer laminate flooring. Abundant natural light
throughout each and every room with large picture windows facing
the yard.No HOA or Mello-Roos. A Short Drive to Old Town Tustin and
the Orange Circle, Shopping, Restaurants, and Coffee Shops. Easy
Access to the 5, 55, and 22 Freeways.
Unit Size
1,984 Ft²
Days on Market
63 days
Land Size
0.30 acres
Price per sqft
$373
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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: 4 months ago (CRMLS #NP18239133)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2018 | Sold | ||
| Sold | |||
| Aug 29, 2018 | Listed by Sur West Homes | $739,990 | |
| Listed by Sur West Homes | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Orange
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sue Mitchell, Sur West Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP18239133
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP18239133
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