15281 Cherbourg Avenue
About This Property
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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%.
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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.
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 |
|---|---|---|---|
| Sep 8, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $899,000 | |
| Listed | |||
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Wonderful Opportunity in the Ranch neighborhood of Irvine! This 4 bedroom, 2 bath ranch style home is located on a 6,400+ sq ft lot with a large tropical backyard. Laminate flooring throughout. Entry leads into the living and dining areas with high vaulted ceilings. Kitchen is open to the living room. Upgraded Kitchen with granite counter tops, comes equipped with microwave, gas stove, dishwasher, garbage disposal and large double sink. Family room and Kitchen overlooks the beautiful tropical backyard with heated saltwater pool/spa. The Master Suite and two secondary bedrooms are conveniently located on the main floor. Spacious secondary bedrooms have built in closet organizers. The Master Suite comes with dual vanities in the bathroom and has access to the backyard. Dual pane windows throughout the house add privacy and quiet. In addition, there is a expansive den/office off the entry that can be easily converted back into a fourth bedroom. Direct garage access to two car garage. Garage ceiling has been drywalled and recessed lighting has been added. This home is ready to move in! Attend Award Winning Unified Schools: Deerfield Elementary, Venado Middle & Irvine High. Centrally located near the 5 and 405 freeway, Irvine Spectrum, Irvine Valley College, UCI. No HOA and no Mello Roos! The manager has listed the unit size as 1800 square feet.
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| Jul 30, 2017 | Listed by Hanu Reddy Realty | $899,000 | |
| Listed by Hanu Reddy Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017