$1,355,000
●
House -
Off Market
1948 Derby Drive
North Tustin, CA 92705
4 Beds
3 Baths
3,299 Ft²
$2,074,497
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Wow!!! Must see this fabulous view home in highly sought Lemon
Heights neighborhood. Nestled on over 1/3 acre lot, 3 car garage
featuring stately new roll top doors and wired for electric vehicle
charging. One bedroom downstairs with access to ground level
remodeled bathroom with shower. Interior of home is highly upgraded
with remodeled bathrooms and stunning kitchen featuring hi end
stainless steel appliances. Kitchen is open to large family room.
Huge master suite with dramatic vaulted ceiling, romantic fireplace
and spacious walk in closet. Sumptuous cherry hardwood and
travertine flooring throughout the house. Tank-less water heater.
Inside laundry room. Best of all is the sweeping view of Peter's
Canyon from most rooms in home with no other neighbors backing to
rear of property. Relax or entertain on incredible backyard deck
with Ipe Brazilian Hardwood, pool and spa and the inspiring view.
Highly rated schools, walk to Bent Tree Park and enjoy nature and
walking trails in Peter's Canyon. *Truly a home to fall in love
with and call home.
Unit Size
3,299 Ft²
Days on Market
187 days
Land Size
0.38 acres
Price per sqft
$424
Property Type
House
Property Taxes
-
HOA Dues
$140
Year Built
1978
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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 (CRMLS #PW18251980)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2019 | Sold | ||
| Sold | |||
| Oct 10, 2018 | Listed by Seven Gables Real Estate | $1,398,000 | |
| Listed by Seven Gables Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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Sold On
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HOA + Taxes
About North Tustin
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Listed by: Ken McCord, Seven Gables Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW18251980
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW18251980
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