1 Springwater #55
About This Property
The manager has listed the unit size as 1532 square feet.
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Listed | $1,488,000 | |
| Listed | |||
| | |||
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Welcome to this beautifully updated single-level corner unit on Yale Loop, just steps from North Lake in Irvine’s desirable Woodbridge community. This turnkey home features wide-plank vinyl flooring, vaulted ceilings, recessed lighting, crown molding, and abundant natural light from skylights, French doors, and large sliders that open to one of the largest patios in the neighborhood—perfect for outdoor entertaining.
The remodeled kitchen includes Whirlpool stainless steel appliances, soft-close cabinetry, and a convenient pass-through. The spacious primary suite offers a recently upgraded bathroom with dual vanities and added windows for natural light. Secondary bedrooms share a stylishly renovated Jack-and-Jill bathroom with dual sinks and a tub/shower combo. Additional upgrades include dual-pane windows, plantation shutters, custom closet shelving, an EV charging outlet, tankless water heater, Lennox HVAC system, driveway, and a finished two-car garage with epoxy floors and custom storage.
Enjoy Woodbridge's unmatched amenities—beach clubs, pools, tennis and pickleball courts, parks, trails—and walkable access to the lake and Woodbridge Village Center with shopping, dining, and entertainment options.
Some highlights include tons of natural lighting, wide entry, vaulted ceilings in living room and master bedroom, skylight in guest bathroom and living room, crown molding and vinyl plank flooring throughout. Renovated primary bathroom, upgraded guest bathroom (added tub + tile), added new windows to primary bedroom and bathroom, added plantation shutters to all windows, added custom shelving to office closet and hall closet, added EV electrical outlet for electric car charging, added closet doors to guest bedroom. Close distance to lake and Woodbridge Village Center that has AMC movie theatre, Grocery Outlet Bargain Market, Sessions West Coast Deli, Yogurtland, and CorePower yoga.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 8, 2021 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/25/2025
|
3 Bed
|
2 Bath
|
1532 ft²
|
$1,488,000
3 Bed
2 Bath
1532 ft²
|
$1,490,000
+0.13%
10/03/2025
|
Joseph Chow
Redfin
| |
|
11/29/2020
|
3 Bed
|
2 Bath
|
1532 ft²
|
$839,900
3 Bed
2 Bath
1532 ft²
|
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-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017