2801 Watson
About This Property
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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 18, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Jun 30, 2024 | Listed by Seven Gables Real Estate | $2,248,000 | |
| Listed by Seven Gables Real Estate | |||
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UPDATED 5 BEDROOM HOME * LARGE PRIVATE LOT WITH POOL & SPA * FULLY OWNS SOLAR SYSTEM * DOWNSTAIRS BEDROOM * CUL DE SAC…This unique 5-Bedroom home on an expansive lot is a hidden gem in Tustin Ranch—a home nestled on an expansive lot, offering unparalleled luxury and comfort. The backyard oasis features a saltwater pool with tropical swim-up bar with submerged stools, perfect for entertaining. The pool also boasts a Baja shelf with umbrella slots for leisurely lounging. Enjoy the lush grassy area and an outdoor bar complete with a brand-new BBQ and beverage refrigerator. The shaded patio, equipped with a new fan, provides a cool retreat from the sun. This home is equipped with a fully paid off and owned 10.71kW Tesla solar panel system, ensuring energy efficiency. Step inside to find a custom entertainment center in the living room and upgraded hardwood flooring throughout both levels as well as a smart thermostat for convenient temperature control from anywhere. The dining room is adorned with an elegant chandelier, and the main electrical panel has been upgraded to meet modern demands. The interior of the home has been freshly painted, enhancing its bright and welcoming atmosphere. Enjoy this kitchen, featuring a center island and top-tier appliances, offers a delightful view of the backyard and family room. The downstairs bedroom and full bath offer privacy for guests or serve as a convenient home office. The garage features epoxy flooring and an EV charger outlet, reflecting the modern upgrades found throughout the home. Pool enthusiasts will appreciate the brand-new DE pool filter, new pool lights with customizable color settings, and smart pool controls that can be managed from your smartphone or the main panel. The upgraded salt machine ensures the pool water feels silky smooth to the skin. Located on a quiet cul-de-sac, enjoy the proximity to Peters Canyon trails, the Marketplace, and parks such as Citrus Ranch and Cedar Grove, all just a short walk away. This Tustin Ranch home combines luxury, convenience, and modern technology, creating the perfect sanctuary for you and your family. Don’t miss the opportunity to make this exceptional property your new home.
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| Mar 16, 2020 | Sold | ||
| Sold | |||
| Feb 13, 2020 | Listed by Seven Gables Real Estate | $1,250,000 | |
| Listed by Seven Gables Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017