311 N Deep Spring Rd
About This Property
The flexible floorplan features soaring vaulted ceilings and abundant natural light, creating an open and welcoming atmosphere. The remodeled kitchen is designed for both everyday living and family gatherings, complete with updated cabinetry, a redesigned pantry, and a center island with quartz counters, pendant lighting, and breakfast bar, ideal for meal prep, homework time, or entertaining.
All bathrooms have been fully remodeled with contemporary finishes. The master bedroom suite is a luxurious getaway complete with an ensuite bathroom, dual vanities, a walk-in closet, and a large shower. The master suite also includes an additional large private office that has been built adjacent to the bedroom. Interior improvements include fresh paint throughout, new hardwood flooring, new carpeting, and a new entry door system-providing a move-in ready experience.
Energy-efficient features include a dual-speed whole house fan with a thermostatically controlled remote for year-round comfort. Smart home enhancements such as a Bluetooth-controlled doorbell, thermostat, and sprinkler system add convenience and peace of mind.
The professionally landscaped backyard offers a private and inviting space for family enjoyment, featuring accent lighting, multiple hose bibs, added electrical outlets, and a privacy fence along the rear of the property. Whether hosting weekend gatherings or enjoying quiet evenings outdoors, this yard provides flexibility for a variety of activities. Additional RV and boat parking is also a major plus! There is even an RV sewer cleanout on property.
10 minutes walking distance from Irvine Regional Park and Peters Canyon Regional Park, this home offers convenient access to trails, open space, and outdoor recreation, while remaining close to local shopping, dining, and schools.
This thoughtfully upgraded home combines comfort, style, and functionality-an exceptional opportunity to create lasting memories in the heart of Orange.
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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 |
|---|---|---|---|
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Feb 24, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by Real Broker | $1,495,000 | |
| Listed by Real Broker | |||
| Nov 24, 2019 | No longer available | - | |
| No longer available | |||
| Oct 11, 2019 | Price Decreased |
$929,900
↓ $10K
(1.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017