15501 Cardamon Way
About This Property
Additional home upgrades include fresh designer paint, brand new carpeting, new recess lighting throughout, a three-car garage, financed solar, a water softening system, a Tesla EV charging port, and fresh sod grass and mulch outside. Conveniently located near the Diamond Jamboree and The Tustin District, this home offers unparalleled convenience. The highly desirable community of Columbus Grove provides access to top-rated IUSD schools, low HOA dues, and exceptional amenities, including a clubhouse, trails, parks, sport courts, and year-round community events. Experience the epitome of luxurious living at 15501 Cardamon Way.
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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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Listed by Real Broker | $2,249,000 | |
| Listed by Real Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017