103 Sparrow
About This Property
The gourmet kitchen is equipped with granite countertops, stainless steel appliances, and a large center island that opens to a spacious great room filled with natural light. Enjoy a formal dining area, soaring ceilings, and elegant finishes throughout. The private backyard is ideal for entertaining or relaxing with family.
Zoned for top-rated Beacon Park K-8 and Portola High School in the award-winning Irvine Unified School District. Benefit from a low tax rate of approximately 1.3% and access to world-class amenities including parks, pools, clubhouse, and trails. This is Irvine living at its finest!
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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 15, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Price Decreased |
$2,790,000
↓ $160K
(5.4%) | |
| Price Decreased | |||
| Jun 24, 2025 | Price Decreased |
$2,950,000
↓ $110K
(3.6%) | |
| Price Decreased | |||
| Jun 4, 2025 | Listed by Universal Elite Inc. | $3,060,000 | |
| Listed by Universal Elite Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017