386 Walnut Street
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 |
|---|---|---|---|
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Nov 20, 2019 | Listed | $2,195,000 | |
| Listed | |||
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Welcome Home to 386 Walnut, located in highly desirable Eastside Costa Mesa and just steps from Excellent Schools, Parks, Shopping and Top Rated Eateries. This Brand New Farmhouse style Estate was just completed in 2018. Walk through the gated front yard with patio seating area and Enter into this charming home. The Open Floor Plan Boasts over 3,300 sq ft of Living Space, including a Main Floor Bedroom with Ensuite Bathroom and Walk-in closet. The Open Living and Kitchen areas flow seamlessly while looking out through the La Cantina bi-fold doors on to the Pristine Back Yard. The outdoor space is perfect for indoor/outdoor living and entertaining in the California Room, which is highlighted with a gas fireplace, recessed lighting and a perfect area for family and friends. The Kitchen features High-end Wolf and Subzero Appliances, built-in Wine Fridge, Walk-in Pantry and island suitable for large gatherings. There is an Integrated Solar system, Energy-Efficient Appliances, Tankless water heater, Tesla charger, and other Smart Features. The Upstairs consists of an Oversized Loft built with 2nd Floor Deck overlooking the private back yard. The Spacious Master Retreat includes a Spa-Like Bathroom with soaking tub, dual sinks, and Oversized Walk In Closet. Other features of the home include an upstairs laundry room, en suite bathroom for each bedroom, and Custom Finished Garage. 386 Walnut is a great place to call home, and live the true OC Lifestyle. The manager has listed the unit size as 3489 square feet.
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| Oct 12, 2019 | No longer available | - | |
| No longer available | |||
| Aug 25, 2019 | Price Decreased |
$2,250,000
↓ $80K
(3.4%) | |
| Price Decreased | |||
| Aug 20, 2019 | Price Decreased |
$2,330,000
↓ $20K
(0.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017