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723 Spring Garden
About This Property
Directly across the street lies the dynamic and expansive Great Park, home to the premier Great Park Ice facility - the official practice venue for the Anaheim Ducks, hockey leagues, figure skating, and year-round public skating sessions. Just a short 20-minute walk or 4-minute drive, discover Orange County's most iconic destination: Step inside to an inviting, light-filled interior showcasing; Adding to its appeal, the property enjoys a very low Mello-Roos per year. Perfectly located near Woodbury Town Shopping Center and the I-5 freeway. Make the visit to appreciate the home!
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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 8, 2026 | Sold | ||
| Sold | |||
| Jun 26, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Price Decreased |
$1,225,000
↓ $65K
(5%) | |
| Price Decreased | |||
| May 20, 2026 | Price Decreased |
$1,290,000
↓ $5K
(0.4%) | |
| Price Decreased | |||
| Feb 26, 2026 | Listed by AG One Realty | $1,295,000 | |
| Listed by AG One Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/26/2026
| |
3 Bed
|
2 Bath
|
1706 ft²
|
$1,295,000
3 Bed
2 Bath
1706 ft²
|
$1,180,000
-8.88%
07/08/2026
|
YU JIANG
REAL ESTATE EBROKER, INC.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017