2460 Challis Place
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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.
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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 |
|---|---|---|---|
| Dec 10, 2023 | No longer available | - | |
| No longer available | |||
| Nov 21, 2023 | In contract | - | |
| In contract | |||
| Nov 1, 2023 | Listed by US National Realty | $3,700,000 | |
| Listed by US National Realty | |||
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Discover the epitome of modern luxury living in this beautifully 5-bedroom, 4.5-bathroom residence remodeled in 2018 Sits On a Large Cul-De-Sac Lot within the prestigious Emerson gated community. With over 4,100 square feet of meticulously designed living space, this home sets a new standard for sophistication and comfort. This residence is a masterpiece of contemporary design. Enjoy the clean lines, high ceilings, and open layout, providing a perfect backdrop for your unique style. This home underwent a significant renovation in 2018 with over $500k upgrade, ensuring a modern and up-to-date living experience.
An architectural gem with two staircases, enhancing both aesthetics and functionality. The hidden staircase leads to Your private theater room is equipped for movie nights and entertainment at its finest. The chef's kitchen features top-tier appliances, sleek cabinetry, and a spacious island, ideal for culinary creativity and social gatherings. Step into a dining room that embodies contemporary elegance and functionality. With its sleek design and thoughtful details, this modern dining space is the perfect setting for memorable gatherings and meals. Relax and unwind in a modern family room that embraces both comfort and style. Here's what you can expect from this contemporary haven.
The luxurious master suite offers a retreat within your home, complete with a spa-like master bathroom and a balcony overlooking the picturesque surroundings. Three additional bedrooms include ‘Jack and Jill”upstairs provide ample space for family and guests, with comfort and style in mind.The guest room on the main level provides convenience and privacy, slide door to the back yard.
The Stunning Backyard Features a Resort Style Pool, Spa, Water Features, Outdoor Fireplace, Built-In Barbecue With Wrap Around Bar, and Multiple Seating Areas. The Perfectly Manicured Grounds Include a Large Lawn Area On The Side Yard & Front Yard. The 3-car garage and a 6-car parking driveway ensure ample space for vehicles and storage. Award Winning Tustin Unified School District. Easy Access To Multiple Toll Roads, 5 Freeway, Peters Canyon & Irvine Regional Park, Tustin Ranch Golf Course, And Numerous Hiking & Biking Trails. The manager has listed the unit size as 4101 square feet.
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| May 22, 2018 | Sold | ||
| Sold | |||
| Jan 3, 2018 | Listed by Katnik Brothers R.E. Services | $1,998,888 | |
| Listed by Katnik Brothers R.E. Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017