9 Preston
About This Property
The home features a bright and open floor plan with high ceilings, generous living and dining areas, and a large kitchen that opens to the family room, perfect for everyday living and entertaining. Interior upgrades include updated flooring, granite countertops, and fresh interior paint.
Upstairs features the primary bedroom suite, two additional bedrooms, and a versatile den/loft area that can be used as a home office, study space, or gym. The primary bathroom includes a walk-in closet and a separate toilet room for added privacy.
A private bedroom suite on the main floor with its own separate entrance provides excellent flexibility and can be used as an in-law suite, guest quarters, or home office. The suite also includes its own washer and dryer, offering added convenience and privacy.
Located on a quiet cul-de-sac, the home offers a comfortable backyard space ideal for relaxing or entertaining. Conveniently situated near top-rated Irvine schools, parks, walking trails, shopping, and major freeways. Residents enjoy Oak Creek's resort-style amenities including pools, parks, tennis courts, and greenbelts, all with low HOA dues.
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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 13, 2026 | Sold | ||
| Sold | |||
| Jul 27, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Price Decreased |
$2,460,000
↓ $98K
(3.8%) | |
| Price Decreased | |||
| Jun 17, 2026 | Price Decreased |
$2,558,000
↓ $100K
(3.8%) | |
| Price Decreased | |||
| May 2, 2026 | Relisted | $2,658,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017