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20 Leatherwood
About This Property
Ascend the wooden staircase with its pine railing to find modern vinyl plank flooring throughout the second level. The extra-large primary suite is a true sanctuary, featuring its own fireplace, a quiet retreat with a built-in desk, a walk-in closet plus two wardrobe closets, and crank paneled windows overlooking the park. Its en-suite bathroom offers a dual-vanity sink, tile floors, a walk-in shower, and a bright skylight. Three additional spacious bedrooms feature crank paneled windows for optimal airflow: the front west bedroom is extra-long with light sage paint and a built-in bookcase; the front east bedroom includes mirrored wardrobe doors with a partial closet organizer; and the rear west bedroom frames beautiful views of the greenbelt. The hallway offers extensive wardrobe storage, attic ladder access, and a secondary bathroom complete with a dual vanity, beautiful white and blue mosaic tile, a skylight, and a shower-tub enclosure.
This home offers excellent peace of mind with a full repipe (2009), HVAC (2007), and a relined sewer line clean-out running down the sidewalk (2023). Enjoy an unparalleled outdoor lifestyle with 47 acres of lush greenbelts, parks, and walking trails right outside your door on Leatherwood. Located just minutes from UCI, John Wayne Airport, and within easy walking distance to the local shopping center, this turnkey property perfectly combines an ideal location, an expanded layout, and a vibrant community.
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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 24, 2026 | Sold | ||
| Sold | |||
| Aug 30, 2026 | In contract | - | |
| In contract | |||
| Jul 24, 2026 | Price Decreased |
$1,595,000
↓ $54K
(3.3%) | |
| Price Decreased | |||
| Jun 16, 2026 | Listed by Keller Williams Realty Irvine | $1,649,000 | |
| Listed by Keller Williams Realty Irvine | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017