13871 Glenmere Drive
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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 |
|---|---|---|---|
| Jun 19, 2023 | No longer available | - | |
| No longer available | |||
| May 18, 2023 | In contract | - | |
| In contract | |||
| May 3, 2023 | Listed by Redfin Corporation | $2,199,000 | |
| Listed by Redfin Corporation | |||
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Welcome to 13871 Glenmere Dr, a breathtaking North Tustin residence situated on a sprawling corner lot. Recently remodeled in 2021, this exceptional 5 bedroom/3.5 bath home is characterized by thoughtful design and no expenses spared. The main level boasts an open concept Great Room with 15’ folding doors that lead out to the backyard, a primary bedroom suite, a separate powder bath, and both living and dining areas with their own cozy fireplaces. The custom-designed kitchen is completely new, featuring dual-tone cabinetry with soft-closing drawers, a Thermador six-burner cooktop with custom hood, double ovens, a built-in wine fridge, and two separate islands. The formal dining room, living room, and kitchen all open up to the entertainer’s dream backyard, complete with a saltwater PebbleTec pool, a jacuzzi with a rock waterfall, a side yard with lush grass and fruit trees, and more. The main floor primary bedroom is a rare find, offering two separate custom closets, double door entry to the luxurious en suite bathroom with a frameless glass walk-in shower, and a separate door to the backyard. Upstairs, you'll find four additional bedrooms, two on each side of the house, with two fully remodeled bathrooms. The home also features all-new flooring, paint, recessed lighting, PEX piping, and more. You'll appreciate the convenient indoor laundry room and attached 3-car garage with custom shelves and cabinets. If you're seeking a peaceful retreat away from the fast-paced OC lifestyle, this exceptional home offers just that, with gorgeous views you can enjoy from the resort-like backyard or the upstairs balconies. Centrally located just a few miles from virtually everything and zoned for excellent Tustin Unified Schools, including Arroyo, Hewes, and Foothill. The manager has listed the unit size as 3421 square feet.
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| Mar 19, 2020 | Sold | ||
| Sold | |||
| Jan 25, 2020 | Listed by First Team Real Estate | $1,285,000 | |
| Listed by First Team Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017