216 Midvale
About This Property
Step into a bright and model-perfect abode, freshly enhanced with brand new interior paint and laminated flooring. The gourmet kitchen is a chef's delight, featuring gleaming granite countertops, a beautiful backsplash, a Lazy Susan pantry, an entertainer's island with extended cabinets, and top-of-the-line stainless steel appliances, including a microwave, 6-burner cooktop, and dishwasher.
From the elegant crown moldings to the recessed lighting and stylish wood plank tile flooring downstairs, no detail has been overlooked. Elegant wood floor graces the upstairs, where you'll find the expansive master bedroom suite complete with a large walk-in closet, shower, tub, and dual sinks. Two additional upstairs bedrooms each boast their own designer-painted bathrooms, and the laundry room adds convenience with cabinetry and a window.
The first floor includes a versatile bedroom and a full bathroom, offering flexibility for guests or a home office. Energy-efficient features like a tankless water heater enhance this home's modern appeal.
Outside, the private backyard offers a serene retreat with lush plants and fruit trees, perfect for relaxing or entertaining. Enjoy the low HOA fee and access to exceptional community amenities, including 4 pools (one Junior Olympic-sized), 7 parks, 4 tennis courts, basketball courts, a soccer field, tot lots, shaded play structures, and picnic areas with BBQs.
Ideally located near the Jeffrey Open Space Walking/Bike Trail, award-winning Irvine schools such as Stonegate Elementary, and convenient shopping at Trader Joe's, HomeGoods, and more. With nearby restaurants, gyms, and easy access to freeways and toll roads, this home is move-in ready and waiting for you! Seize the opportunity to make this exceptional property yours today!
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Cap Rate Calculator
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 31, 2024 | Sold | ||
| Sold | |||
| Jun 29, 2024 | Listed by Coldwell Banker Platinum Prop. | $2,100,000 | |
| Listed by Coldwell Banker Platinum Prop. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/29/2024
| |
4 Bed
|
4 Bath
|
2156 ft²
|
$2,100,000
4 Bed
4 Bath
2156 ft²
|
$2,223,000
+5.86%
07/31/2024
|
JOYCE LIN
RE/MAX PREMIER/SANMARINO
|
|
07/11/2017
| |
4 Bed
|
4 Bath
|
2156 ft²
|
$1,070,000
4 Bed
4 Bath
2156 ft²
|
$1,062,000
-0.75%
10/17/2017
|
RICKII COE
CAL STATE REALTY SERVICES
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017