229 N Stevens Street
About This Property
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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 6, 2018 | No longer available | - | |
| No longer available | |||
| Oct 3, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed | $633,000 | |
| Listed | |||
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WELCOME HOME to 229 N Stevens located on a quaint cul-de-sac street in Orange! This charming home features 3 bedrooms & 2 bathrooms with an extra 4th bedroom-bathroom at back of garage, detached from the main house. You’ll love the sparkling original hardwood floors in the living, dining & two front bedrooms. The whole house is naturally light and bright throughout with the master bedroom featuring a large brick fireplace with mantel as well as recessed lighting, ceiling fan, updated windows and French doors to the outside back patio. With a little imagination and a little work on the original shaker style cabinets in the kitchen you will be rewarded with a real dream house. The inside laundry is convenient & is situated right next to the kitchen. This laundry area was previously used as a “kitchenette” allowing tenant income from the back master/where the tenant had their dedicated bedroom/bathroom and little kitchenette area. In addition to that area, the room/bath behind the garage also makes a wonderful “room rental” or a great place for company to visit! Storage won’t be a problem with the garage that fits one car and offers lots of overhead and shelving space as well as an extra looooong driveway with a gate to the backyard. Come see this picturesque SUPER SINGLE LEVEL piece of history near the 5/57/22 & 55 freeways, CHOC, St. Jo’s Hospitals, Chapman University, Angel stadium & Amtrak commuter train station, making this home incredibly convenient. The manager has listed the unit size as 1455 square feet.
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| Aug 5, 2018 | Listed by The Michael Walsh Realty Group | $633,000 | |
| Listed by The Michael Walsh Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017