4381 Bridgeway Street
About This Property
This home boasts a cathedral ceiling entry in to the formal living room with custom fireplace and skylight. The open style family kitchen includes stainless steel appliances, gas stove, double oven, microwave oven, granite counters, breakfast island and wrap around dual pane windows overlooking the spacious rear yard and beautiful pool area. The main floor master suite has a walk in closet and custom travertine bath. Upstairs there are two bedrooms with high ceilings, walk in closets, a jack and jill style bathroom with dual sinks and a loft study area at the top of the stairs. Other features of this home include crown moldings, ceiling fans, air conditioning, recessed lighting, 6 panel doors and more. The Association includes pool, park, tot lot and basketball court. Close to University of California Irvine, (UCI), Irvine High School and in tract Greentree Elementary School. Shopping is close with Ralphs, CVS, Trader Joes, Smart and Final and 99 Market. Great location near transportation centers the 5, 241 and 405, Metrolink and Amtrak including John Wayne Airport .
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 18, 2018 | Sold | ||
| Sold | |||
| Mar 21, 2018 | Listed by First Team Real Estate | $949,900 | |
| Listed by First Team Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017