22 Preston Place
About This Property
The interior offers an open and comfortable flow with multiple gathering spaces, a well-appointed kitchen, and versatile rooms that adapt easily to everyday living, work, or entertaining. Upstairs, a spacious loft complements the secondary bedrooms and primary suite, while abundant natural light and a thoughtful floor plan create an inviting atmosphere throughout the home.
Outdoor living extends into the private backyard, offering additional space to relax, dine, or entertain. Residents of Greenwood at Tustin Legacy enjoy access to community amenities including a pool, spa, fire pit, barbecue and outdoor cooking areas, parks, playgrounds, sport courts, clubhouse, and biking, hiking, and jogging trails. With convenient access to shopping, dining, recreation, and major local corridors, this home brings together space, functionality, owned solar, and the lifestyle benefits of one of Tustin's desirable newer 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 |
|---|---|---|---|
| Oct 10, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Listed by Coldwell Banker Realty | $2,395,000 | |
| Listed by Coldwell Banker Realty | |||
| Oct 23, 2019 | Sold | ||
| Sold | |||
| Aug 20, 2019 | Listed by MF Realty | $1,299,000 | |
| Listed by MF Realty | |||
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Built in 2017 by well known builder CalAtlantic this Greenwood home is an exceptional Crawford residence in Tustin. Clean, modern, and simple yet elegant at the same time, you’ll instantly feel at home as you walk in the front doors. This 4 bedroom home features a loft/office area that could easily be converted into a 5th bedroom. Vast kitchen and entertaining area downstairs opens to the backyard through massive sliding doors giving an indoor-outdoor feel leading you directly onto the private patio area. Expansive space, tall ceilings and access to the private balcony overlooking the patio downstairs make this a dream. Master suite includes his and hers sinks, as well as a spacious tub and elaborate shower area. Between it’s simplicity and beauty and being priced to sell, this one won’t last!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017