21 Queens Wreath Way
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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%.
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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 |
|---|---|---|---|
| Apr 22, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by RE/MAX Connections | $1,499,000 | |
| Listed by RE/MAX Connections | |||
| | |||
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Welcome to this beautiful, remodeled 4-bedroom, 2.5-bath home in University Park, Irvine, offering 2,346 square feet of well-designed living space. The open floor plan provides a comfortable layout for everyday living and entertaining, with a living room fireplace, spacious family room, formal dining area, and a modern kitchen featuring white cabinetry, quartz countertops, a full backsplash, stainless steel appliances, and ample storage. Upstairs, the primary suite includes a sitting area, fireplace, and walk-in closet. Two additional oversized bedrooms and each offer additional flexible retreat spaces! The bathrooms have been renovated, and recent improvements include updated A/C, dual-pane windows, luxury vinyl plank flooring, fully paid solar, and an upgraded Poly-urethane roof. The backyard features low-maintenance artificial turf and space for outdoor gatherings. A convenient walkway, just behind the home, provides access to nearby parks and walking trails. Community amenities include pools, parks, and tennis courts. The local schools—University Park Elementary School, Rancho San Joaquin Middle School, University High School, and the University of California, Irvine—are excellent! This great home has easy access to the 405 and is located just minutes from Laguna Beach and Newport Beach, as well as world-renowned shopping and dining.
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| Jul 27, 2018 | Sold | ||
| Sold | |||
| Feb 23, 2018 | Listed by Park Realty Group, Inc. | $899,000 | |
| Listed by Park Realty Group, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017