18452 Manning Drive
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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 |
|---|---|---|---|
| Sep 4, 2018 | Sold | ||
| Sold | |||
| Jul 24, 2018 | Listed by Purplebricks Realty Inc. | $829,900 | |
| Listed by Purplebricks Realty Inc. | |||
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Welcome to 18452 Manning in North Tustin. Drive in to the quiet, tree lined cul-de-sac. Come home on a hot summer day and take a dip in the private backyard pool! Enjoy a meal outside on the newly installed tile patio; part if the colorfully landscaped 10,000 square foot lot. Once inside enjoy the cool central air that brings comfort to this single story, 1,610 square foot home with windows that flood the home with natural light, or choose the custom shutters when shade is preferred. There are 3 bedrooms, 2 bathrooms, a living room and a family room/dining room all resting on refinished original hard wood floors. The kitchen has been completely remodeled with new flooring, granite counters, white shaker cabinets and brand new black stainless appliances. A new washer and dryer are nestled in the indoor laundry room off of the kitchen which is equipped with a deep farm sink and a white quartz counter top covering additional storage cabinets. The home has been repainted inside and out and a brand new roof has been installed. Both bathrooms have been updated with new tile, a new single and double vanity with a granite counter top. Additional amenities include a removable vinyl security fence around the pool, a whole house fan and the great Tustin Unified School District. You will be very close to nearby restaurants, Sprouts, Trader Joe’s and freeways. Do you like to be outdoors? The serene Esplanade/Tustin Ranch walking trail is just a block away. This home is a must see!
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| Feb 8, 2018 | Sold | ||
| Sold | |||
| Jan 19, 2018 | Listed by Seven Gables Real Estate | $735,000 | |
| Listed by Seven Gables Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017