Welcome to 2571 Tequestra. This end-unit townhouse is located in
the highly sought after gated golf community of Corte Villa in
Tustin Ranch. This well maintained 3 bedroom, 2.5 bathroom
residence offers a bright, open living space sharing only one
common wall. A grand formal entry introduces dramatic, two story
voluminous ceilings, a sun-drenched skylight, elegant French Doors,
hardwood floors throughout first level, Laminated wood flooring on
the second level and brand new carpet in bedrooms. The layout
seamlessly flows from the formal living area into a cozy family
room featuring a fireplace, ideal for relaxation. The gourmet
kitchen is a chef's dream, equipped with granite countertops, an
expansive breakfast bar, a premium six-burner cooktop, dual ovens,
and a top-of-the-line built-in refrigerator. Enjoy morning coffee
at the adjacent breakfast nook overlooking a private backyard
oasis, complete with its own private pool and serene views of lush
surrounding trees. Upstairs, the master suite features a private
balcony, an ensuite bath with a walk-in shower and a walk-in
closet. Two secondary guest bedrooms are exceptionally spacious and
share a full bathroom. A versatile loft area completes the upper
level, offering a home office or work station. Additional
highlights include an oversized individual laundry room with a
built-in sink and cabinets, and an attached two-car garage with
epoxy floors and built-in storage. Step outside your door to
experience resort style community living with access to a secondary
community pool, spa, playground, tennis courts, and park spaces all
just a short walk away. Located near the renowned Tustin Ranch Golf
Course, top-rated Tustin Unified schools, the premier Tustin
Marketplace, and scenic hiking or biking trails, this property
offers unmatched Southern California convenience with immediate
access to major freeways and toll roads.
Unit Size
2,420 Ft²
Days on Market
71 days
Land Size
1.39 acres
Price per sqft
$615
Property Type
Condo
Property Taxes
-
HOA Dues
$534
Year Built
1990
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Cap Rate Calculator
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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.
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