89 Passage
About This Property
Quail Hill community is renowned for its beautiful environment and convenient amenities. The neighborhood is lush with greenery and walking trails, making it an ideal spot for walking, jogging, and biking. Residents here can enjoy a variety of high-quality facilities within the community, including swimming pools, fitness centers, and tennis courts, catering to all your sports and leisure needs.
One of the standout features of Quail Hill is the community shopping center, which offers a variety of shopping and dining options, adding great convenience to your daily life. You can find supermarkets, coffee shops, restaurants, and various retail stores, meeting all your daily needs.
Additionally, Quail Hill offers excellent transportation convenience. Within minutes, you can access the 405, 5, and 133 freeways, making commuting a breeze. It's only about a 15-minute drive to Laguna Beach, providing easy access to the beautiful coastline. The community is also served by top-rated schools, including the renowned University High School affiliated with the University of California, Irvine.
In summary, this property not only boasts excellent interior design and maintenance but is also situated in a community with a fantastic living atmosphere and unparalleled convenience. Whether for family living or personal leisure, this home is an ideal choice.
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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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Keller Williams Realty Irvine | $1,625,000 | |
| Listed by Keller Williams Realty Irvine | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/20/2024
| |
4 Bed
|
3 Bath
|
1891 ft²
|
$1,625,000
4 Bed
3 Bath
1891 ft²
|
$1,590,000
-2.15%
08/30/2024
|
Fei Li
Keller Williams Realty Irvine
|
|
10/13/2022
| |
4 Bed
|
3 Bath
|
1891 ft²
|
$1,385,000
4 Bed
3 Bath
1891 ft²
|
-
-
|
AMY CHEN
AMY CHEN, BROKER
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017