Fantastic opportunity to own an Oak Creek Tri-Level home. This home
faces the main road of Hawk Creek for excellent curb appeal.
Entering from the first floor you will find the 2-car garage, nice
size bedroom with walk in closet and an attached bath with shower.
This room also has a slider to walk out to the sizable back yard
area. Suitable for relaxing or gardening. On the second floor you
will find the living room, dining room, kitchen, laundry room, full
bath and an office/bedroom just off the dining room. There is also
a nice patio to enjoy the evening air. Overall, a comfortable and
open floor plan. Up to the third floor you will find an oversized
main bedroom with an additional flex space for a home office, gym,
living room or whatever you can dream up. The attached bathroom
features double sinks, walk in shower, bathtub, separate toilet
room and a walk-in closet. The community offers tennis, basketball,
pool, spa and bike paths. A short walk to the elementary
school, one block to shopping, restaurants, Gelsons and a sports
club. Centrally located in the Irvine area and very walkable
amenities. What more could you want?
Unit Size
1,693 Ft²
Days on Market
31 days
Land Size
0.97 acres
Price per sqft
$768
Property Type
Condo
Property Taxes
-
HOA Dues
$217
Year Built
2000
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
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