961 Coronado Drive
About This Property
All 3 bedrooms are well-sized. 2 bedrooms share the guest bathroom that has been tastefully remodeled with a breathtaking tiled shower and tub, new vanity with quartz countertops, and coordinating tiled floors. The primary bedroom is located on the opposite end of the home offering privacy and an ensuite bathroom. You'll love unwinding in this space with a remarkable tiled shower, dual sink vanity with quartz countertop, and a striking accent wall. The backyard offers plenty of room for kids and pets to play comfortably.
No stone was left unturned here with additional upgrades including new copper pipes, new rewire with upgraded panel, recessed lighting throughout, new dual pane energy efficient windows, new interior and exterior paint, new tankless energy efficient water heater, new energy efficient HVAC, new insulation in walls and accessible areas of attic, new front door, new garage door and motor, a drywall finished garage with epoxy floors and electric car charger. Find peace of mind and convenience when purchasing this like-new home, located 10 minutes from the beach, withing walking distance to parks, the OC Fairgrounds, Orange Coast College, Vanguard University, and close to major freeways (73, 405 & 55).
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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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 11, 2024 | Listed by RE/MAX TIME REALTY | $1,449,000 | |
| Listed by RE/MAX TIME REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017