1
Map
$1,040,980
●
House -
Off Market
12982 Springwood Drive
North Tustin, CA 92705
4 Beds
2 Baths,
1
Half Bath
2,602 Ft²
$1,536,956
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Serenity and privacy abound at this executive home tucked away in
the hills of North Tustin. Enter the wrought iron gates into an
inviting rose garden with mature vegetation and coastal style
brick. Through the double doors a voluminous ceiling with
classically modern light fixtures, wainscoting, and maintenance
free new luxury vinyl plank floors sweeping the entire first level
provide a comfortable and easy living space. Enter through
the formal living and dining room doors either onto the spacious
dining/lounging deck or into the light and bright kitchen. Adjacent
to the kitchen is the family room with dual French doors to the
outside, a functional dry bar, and the cozy fireplace with flanking
built-ins. On the first level is also a 1/2 bath and door to the
side yard featuring a multi-level deck and extraordinarily private
spa. Recently upgraded, the garage includes a laundry area with
beautiful cabinets, stone counters, and sink. Up the stairs is a
private master suite with an updated bathroom with massive walk in
shower. Adjacent to the master is a small bedroom that leads to a
viewing deck with ocean and city light views. Across the hall is a
bathroom and two secondary bedrooms, one of which has LVP floors,
window bench, and expertly crafted builtin closet/storage space.
Home schools are Arroyo Elementary, Hewes Middle, and Foothill High
- both of which are walking distance.
Unit Size
2,602 Ft²
Days on Market
94 days
Land Size
0.25 acres
Price per sqft
$404
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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Cap Rate Calculator
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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 #PW19198849)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $1,100,000 | |
| Listed | |||
| | |||
|
Serenity and privacy abound at this executive home tucked away in the hills of North Tustin. Enter the wrought iron gates into an inviting rose garden with mature vegetation and coastal style brick. Through the double doors a voluminous ceiling with classically modern light fixtures, wainscoting, and maintenance free new luxury vinyl plank floors sweeping the entire first level provide a comfortable and easy living space. Enter through the formal living and dining room doors either onto the spacious dining/lounging deck or into the light and bright kitchen. Adjacent to the kitchen is the family room with dual French doors to the outside, a functional dry bar, and the cozy fireplace with flanking built-ins. On the first level is also a 1/2 bath and door to the side yard featuring a multi-level deck and extraordinarily private spa. Recently upgraded, the garage includes a laundry area with beautiful cabinets, stone counters, and sink. Up the stairs is a private master suite with an updated bathroom with massive walk in shower. Adjacent to the master is a small bedroom that leads to a viewing deck with ocean and city light views. Across the hall is a bathroom and two secondary bedrooms, one of which has LVP floors, window bench, and expertly crafted builtin The manager has listed the unit size as 2602 square feet.
| |||
| Aug 20, 2019 | Listed by Seven Gables Real Estate | $1,050,000 | |
| Listed by Seven Gables Real Estate | |||
| Apr 24, 2019 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Tustin
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Carolynn Santaniello, Seven Gables Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19198849
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19198849
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