14531 Clarissa Lane
About This Property
Every inch of this gorgeous North Tustin ranch home has just been meticulously renovated to restore it to its original beauty and charm while also incorporating many new modern amenities. The open floor plan with soaring vaulted ceilings flows seamlessly from the airy living room and kitchen into the oversized family room. The master bedroom offers a private en-suite bathroom and walk-in closet. The new kitchen features contemporary white shaker cabinets, an expansive quartz island and upgraded stainless steel appliances. Gorgeous laminate wood floors flow throughout the home and two sets of french doors provide access to an inviting outdoor space with large private yard. The home also features a brand new HVAC system as well as an extra long driveway and oversized garage that could easily accommodate 8 cars or an RV. Situated on a quiet cul-de-sac close to many Tustin shopping/dining options and with award winning schools, this home proves that you CAN actually have it all!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2019 | Sold | ||
| Sold | |||
| Jan 23, 2019 | Listed by T.N.G. Real Estate Consultants | $998,000 | |
| Listed by T.N.G. Real Estate Consultants | |||
| Oct 2, 2018 | Sold | ||
| Sold | |||
| May 5, 2018 | Listed by Tarbell Realtors | $784,900 | |
| Listed by Tarbell Realtors | |||
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Back on Market, Priced Reduced by $55,000 Seller wants it sold now!!! Location, Location, Location! Amazing opportunity to own in a prime Northern Tustin neighborhood with a Cul-De-Sac Location.The appeal starts at the curb of this Single Level Ranch Style Home. Large long driveway can accommodate several cars or even your recreational vehicle. The Covered Front Porch welcomes you into the Formal Entry with Slate Flooring. Soaring Cathedral Ceilings through out most of the home. The Spacious Kitchen is Freshly Painted with Newer Tile Counters, Stainless Steel Appliances, and Updated Lighting. New Vinyl and Carpeted Flooring through out most of the home. Large Eating Area with Updated Lighting. Large Living Room with Fireplace and Slider to Side Yard. Huge Added Family Room and Office which could be used as a 5th Bedroom. Second Romantic Fireplace in Family Room along with Slider to Private Rear Yard. Direct Access to the Oversized Two Car Garage with Laundry Hook Ups and Roll Up Door. Spacious Bedrooms, Large Master Suite, and Vintage Bathrooms, all add to the appeal of this home just waiting for you. Centrally Located with easy access to the 5, 55, 22, and 405 Freeways along with nearby John Wayne Airport means you can get any where from here with ease.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017