14261 Prospect 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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 10, 2018 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed | $960,000 | |
| Listed | |||
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*Sprawling Custom 5BR *Remodeled in 2007 *RV Parking…From its head-turning approach with wonderful native landscaping, this beautifully realized home located in the heart of Tustin affords complete privacy beginning with a fully enclosed courtyard entrance highlighted by one of the oldest living Gingko trees in the area. An impressive representation of traditional craftsmanship, the 3,124 square foot property boasts Anderson French doors & windows, voluminous ceilings, hardwood flooring, wainscoting, recessed lighting & other quality upgrades. Natural sunlight brightens much of the home including the living/dining room with fireplace & window seat, stunning center island kitchen with granite countertops, top grade appliances & breakfast bar and adjoining family room with French doors opening to a fabulous, fully covered lighted patio and yard beyond. Three main floor bedrooms include a large master suite featuring a luxurious bathroom (one of 4 in the home) with jetted spa tub, separate stall shower and his & her sinks. Two bedrooms upstairs have alcove balconies & private baths. The laundry room with Dutch door & sink includes a washer & dryer and a spacious storage basement/cellar includes a classic storm door. Other highlights include a finished backyard shed/playhouse, dual air conditioners, central vacuum, semi-circular driveway, gated RV parking area & finished two-car garage. Walk to award winning schools, nearby Enderle Center & other terrific community amenities! The manager has listed the unit size as 3124 square feet.
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| Jul 5, 2018 | Listed by Seven Gables Real Estate | $960,000 | |
| Listed by Seven Gables Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017