107 Rake
About This Property
The expansive living room, featuring large sliding doors that fully open, creates a seamless blend of indoor and outdoor spaces.
With fresh paint and plantation shutters, the home exudes sophistication. The chef's kitchen is a dream come true, featuring a spacious island, professional-grade stainless steel appliances, a built-in refrigerator, a wine fridge, a large walk-in pantry, and a 6-burner gas cooktop. The central island and slab countertops make it perfect for entertaining.
This home includes five en-suite bedrooms, with a spacious junior master suite located on the first floor, and a powder room that's convenient for the guests. The upstairs master suite offers a luxurious bath with dual vanities, a walk-in closet, a separate large soaking tub, and a shower.
Extend your living space even further with a private balcony, offering breathtaking views and a place to soak up the sunshine. Additionally, the home is equipped with solar panels, making it energy-efficient and eco-friendly, and wiring is in place for an electric vehicle charger. Additional features include a water softener system and a large storage area. Beautiful roses and newer paint enhance the exterior, while recessed lighting adds a modern touch throughout the interior.
Embrace the active California lifestyle. With hiking trails just a 2-minute walk away, you can connect with nature right outside your door. The community offers endless opportunities for recreation and relaxation. Enjoy a day at the water park, challenge yourself on the tennis courts or soccer fields, or take a spin around the ice-skating rink. The farm and food lab, sports complex, amphitheater, and multiple parks provide something for everyone. Basketball courts, junior Olympic pools, spas, club rooms, and BBQ picnic areas scattered throughout the community ensure there's always a place to gather with friends and family.
Don't miss out on this incredible opportunity to own a piece of paradise in Irvine. Schedule a tour today and experience the luxury and convenience of 107 Rake!
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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 6, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | Listed by Keller Williams Realty Irvine | $3,050,000 | |
| Listed by Keller Williams Realty Irvine | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017