$870,000
●
House -
Off Market
18331 GRAMERCY Drive
Santa Ana, CA 92705
3 Beds
2 Baths
2,214 Ft²
$1,425,587
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
Welcome to the highly desirable neighborhood of North Tustin! With
over 2,200 sqft of living space this home is full of warm natural
light and features wire-brushed oak wood flooring throughout an
open floor plan. Enjoy preparing meals in the Chef's kitchen
with new stainless steel appliances, Quartz and Carrara marble
countertops, custom glass tile backslash and charming farmhouse
lighting fixtures. Upgraded master bathroom boasts slate tile,
Kohler fixtures and a large custom frame-less glass shower. Modern
Smart home features include Ecobee Thermostat, August Smart lock on
front door & Rachio sprinkler controller. Spacious backyard with
mature trees on an 11,000sqft lot allows for ample room to
entertain family & friends. Located in a peaceful neighborhood near
the Esplanade walking trail makes this a home you can't refuse!
Unit Size
2,214 Ft²
Days on Market
65 days
Land Size
0.25 acres
Price per sqft
$406
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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Cap Rate Calculator
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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: 5 months ago (CLAW #17278604)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2022 | No longer available | - | |
| No longer available | |||
| Nov 20, 2022 | In contract | - | |
| In contract | |||
| Nov 18, 2022 | No longer available | - | |
| No longer available | |||
| Oct 10, 2022 | Listed by Falcon Investment and Loans, Inc | $1,349,997 | |
| Listed by Falcon Investment and Loans, Inc | |||
| | |||
|
Coming soon!!! The manager has listed the unit size as 2214 square feet.
| |||
| Dec 13, 2017 | Sold | ||
| Sold | |||
Show More
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 North Tustin
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Listed by: Victoria Aguilar, Nelson Shelton Real Estate Era
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 17278604
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 17278604
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