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2 Tradition Pl
About This Property
Inside, the thoughtfully designed floor plan offers exceptional comfort and functionality, featuring two separate living/family areas on the main level that create flexible spaces for both everyday living and entertaining. The open and airy living room is filled with natural light and flows naturally into the dining area and kitchen. Warm wood countertops, along with upgraded kitchen sink and backsplash finishes, create an inviting and cozy atmosphere.
Upstairs, all four bedrooms are generously sized, including a spacious primary suite with a separate sitting area with built-in cabinets, a spacious walk-in closet, a nice separate built-in closet, and an upgraded en-suite bathroom. Recent improvements include new flooring on the stairs and throughout the second floor, as well as a remodeled primary bathroom featuring a new bathtub, wall tile, vanity, and toilet.
The location offers exceptional convenience, within walking distance to Myford Elementary School and close to highly regarded Pioneer Middle School and Arnold O. Beckman High School. Nearby parks, sports facilities, Tustin Marketplace, Costco Wholesale, and Tustin Ranch Golf Club further enhance the convenience and lifestyle this home provides.
Combining a rare lot size, functional layout, and desirable cul-de-sac location, this single-family residence offers an exceptional opportunity for best value and comfortable living in one of the area's most sought-after communities.
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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 |
|---|---|---|---|
| Jul 9, 2026 | Sold | ||
| Sold | |||
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Listed by Keller Williams Realty Irvine | $1,598,000 | |
| Listed by Keller Williams Realty Irvine | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017