1
Map
$745,000
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House -
Off Market
24722 Corta Cresta Drive
Lake Forest, CA 92630
5 Beds
2 Baths
1,825 Ft²
$1,093,288
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Turn-key family home on an enormous 11,000 sqft pool sized lot!!
Boasting beautiful upgrades throughout, this 5 bedroom home offers
ample space for even the largest of families. Upon entry, you are
greeted into a light and bright family room highlighted by a
central fireplace surrounded by luxurious marble tile. Continuing
on the first floor, you will find 2 spacious guest bedrooms and one
full bathroom. The kitchen is any chef's dream with brand new
cabinets, quartz counters, and top of the line appliances. Right
off of the kitchen & breakfast bar, you are led into the dining
area that opens directly into the backyard and patio. Moving
upstairs, you will find 2 large bedrooms, the master, and full
bathroom. In addition, this home has brand new carpet, paint on the
interior and exterior, heating/AC, and it has been recently
re-piped with copper. On what is perhaps one of the largest lots in
the community, the backyard is perfect for entertaining and
finished with well groomed grass & landscaping. Close to Lake
Forest's premier restaurants and shops, this home is a must see!
Unit Size
1,825 Ft²
Days on Market
33 days
Land Size
0.25 acres
Price per sqft
$408
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #OC19140120)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2019 | Sold | ||
| Sold | |||
| Jun 13, 2019 | Listed by Century 21 Award | $745,000 | |
| Listed by Century 21 Award | |||
| Apr 8, 2019 | Sold | ||
| Sold | |||
| Mar 13, 2019 | Listed by Century 21 Award | $649,900 | |
| Listed by Century 21 Award | |||
| | |||
|
A huge lot comes with a two story 4/5 bedroom home. Brand new HVAC, recently repiped, could use a little TLC!
Sold in process of listing.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Forest
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Listed by: Joey Leisz, Century 21 Award
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19140120
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19140120
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