$426,000
●
House -
Off Market
16592 Montego Way
Tustin, CA 92780
3 Beds
1 Bath,
1
Half Bath
1,188 Ft²
$681,900
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
This is a beautiful Turn-Key home in the Tustin Village. This home
is an attached Single Family Residence with 3 bedrooms and 2
bathrooms, an enclosed yard and a 2 car garage with direct access
from the enclosed patio! This home has been completely remodeled
with new white shaker cabinets, grey quartz counter tops, new
laminate downstairs and carpet upstairs, remodeled bathrooms and
new windows. This property has inside laundry, a nice
fireplace with a very large living room and plenty of natural
lighting. All three bedrooms are upstairs with a full bath in the
hall, downstairs has a half bath off the kitchen along with storage
space under the stairs. The kitchen overlooks the spacious enclosed
patio that leads to the garage This home checks all of the boxes.
Close to shopping, freeway access, and great schools. Come see this
one today!
Unit Size
1,188 Ft²
Days on Market
35 days
Land Size
0.01 acres
Price per sqft
$361
Property Type
House
Property Taxes
-
HOA Dues
$240
Year Built
1964
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #OC17218268)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2017 | Sold | ||
| Sold | |||
| Sep 21, 2017 | Listed by H & M Realty Group | $429,000 | |
| Listed by H & M Realty Group | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Tustin
Similar Homes for Sale
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Listed by: Ryan Mitchell, H & M Realty Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC17218268
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC17218268
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