408 Tahoe Avenue
About This Property
The kitchen is a true highlight, showcasing a large center island with extra storage and bar seating, a stunning Zellige Sky ceramic tile full backsplash, pristine white quartz countertops, white oak cabinets, and elegant gold accents. The master bedroom is both spacious and inviting, with sliding glass door access to the backyard and an en suite bathroom that includes a dual sink vanity and a large, enclosed walk-in shower. The second bathroom offers a striking emerald green vanity with gold hardware and another beautifully designed enclosed walk-in shower.
Additional features include all-new Great Plains laminate flooring throughout, fresh interior paint, recessed lighting, and a 2-car garage. The exterior boasts a fresh coat of paint and charming shutters. Located just off Yorba Linda Blvd, this home is centrally positioned near shopping, dining, parks, schools, and all the amenities that make living in Orange County so desirable.
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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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | Listed by eXp Realty of California Inc | $1,198,000 | |
| Listed by eXp Realty of California Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017