1662 Amherst Road
About This Property
Step outside to discover a meticulously manicured backyard with a large covered patio, perfect for hosting BBQs and entertaining guests while creating cherished memories.
The interior boasts a modern, open floor plan with vaulted ceilings that enhance the airy, inviting atmosphere. The upstairs area includes four generous bedrooms, including an expansive master suite with a private bath, providing a peaceful retreat.
Downstairs, you'll find a versatile private dining room currently used as an office workspace, allowing for flexible use according to your needs. The home is also equipped with a newer central air conditioning system, ensuring year-round comfort.
As part of the esteemed Tustin Meadows community, you'll enjoy exclusive access to two community centers, each featuring beautiful pools. The neighborhood is surrounded by the scenic Centennial Park, offering lush green belts, open spaces, and playgrounds for all to enjoy.
Set within a tranquil, maturely landscaped environment, this home is part of a community with tree-lined streets and a host of amenities, including pools, basketball and volleyball courts, playgrounds, and family programs like Tiny Tots and Tustin Dolphins. The community also hosts the city's popular Fourth of July parade and festivities, contributing to its vibrant atmosphere.
Located centrally in Orange County, this home offers excellent freeway access for easy travel to the region's best attractions and amenities. Experience the exceptional lifestyle of Tustin Meadows-an outstanding residence in a prime location.
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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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | Listed by Daniel J Adelseck, Broker | $1,325,000 | |
| Listed by Daniel J Adelseck, Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017