235 Dewdrop
About This Property
Quail Hill is lush with greenery and walking trails, ideal for walking, jogging, and biking. Residents enjoy abundant amenities, including 5 parks, 3 Junior Olympic pools, playgrounds, sports courts, and 2 community fitness centers. The nearby Quail Hill Shopping Center offers various shopping and dining options. With convenient access to the 405 and top-rated schools like University High School, this community has it all. Welcome home to the best of Irvine living!
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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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by Douglas Elliman of California | $925,000 | |
| Listed by Douglas Elliman of California | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/26/2024
| |
2 Bed
|
3 Bath
|
1233 ft²
|
$925,000
2 Bed
3 Bath
1233 ft²
|
$945,000
+2.16%
09/06/2024
|
Regina Muro Madan
Douglas Elliman of California
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017