52 Cummings
About This Property
As a formal model home, the property features extensive high-end builder upgrades and luxury finishes throughout. The south-facing orientation fills the house with abundant natural light, enhancing its open and elegant atmosphere. A dramatic wall of luxury folding glass doors creates a seamless connection between indoor and outdoor living-perfect for entertaining and enjoying Southern California's lifestyle year-round. *****
The backyard is a true outdoor entertainer's dream, thoughtfully designed for both beauty and function. A striking custom water fountain wall creates a serene focal point, while the built-in pizza oven invites memorable gatherings and alfresco dining. The covered patio offers the perfect setting for year-round enjoyment, whether hosting guests or relaxing in a private retreat. The home enjoys one of the best locations in the community, offering exceptional privacy with no neighbors behind and serene backyard views overlooking the community swallow park. *****
Residents of Stonegate benefit from resort-style amenities, including multiple pools and spas, parks, playgrounds, tennis and basketball courts, picnic areas, and the scenic Jeffrey Open Space Trail. The home is located within Irvine's award-winning school district, consistently ranked among the top in California. Conveniently situated near shopping, dining, and major freeways, the property also features low HOA dues and low property tax, adding to its long-term value.
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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 |
|---|---|---|---|
| Jul 20, 2026 | Sold | ||
| Sold | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| Apr 27, 2026 | Price Decreased |
$2,680,000
↓ $70K
(2.6%) | |
| Price Decreased | |||
| Mar 14, 2026 | Relisted | $2,750,000 | |
| Relisted | |||
| Mar 4, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017