$590,000
●
House -
Off Market
2585 N River Trail Road
Orange, CA 92865
3 Beds
2 Baths
1,200 Ft²
$927,965
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
This three bedroom, two bathroom single story home sits on a corner
lot in the River Trail Community of Orange. A completely detached
single family home that boasts numerous upgrades throughout.
Upgrades include new flooring, a new kitchen with new cabinets,
hardware, stone countertops, tile backsplash and newer stainless
steel appliances. Both bathrooms have been upgraded including new
vanities, counter tops, hardware and shower stall in the master
bath. With vaulted ceilings in the living room and master bedroom,
French doors off the dining area, a good sized back yard this is an
amazing retreat for any home buyer. There is a direct access 2 car
garage that includes an overhead built in storage space and a soft
water system. Additionally, new solar panels have been installed
for maximum energy efficiency that included a new power panel with
200 amp service. The community features a pool and hot tub, well
maintained greenbelts, a tot lot and access to the river trail.
Close to major freeways and shopping.
Unit Size
1,200 Ft²
Days on Market
26 days
Land Size
0.08 acres
Price per sqft
$488
Property Type
House
Property Taxes
-
HOA Dues
$132
Year Built
1984
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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 #NP17246869)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 27, 2017 | Sold | ||
| Sold | |||
| Nov 1, 2017 | Listed by Compass | $585,000 | |
| Listed by Compass | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Orange
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Listed by: Shea Sasan, Compass
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP17246869
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP17246869
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