Our Premier "Encore" Collection Residence ONE in Cadence Park built
by Lennar homes is HIGHLY UPGRADED one of the most highly desired
floor plans! This COMPLETELY DETACHED Contemporary Retreat offers
4BD (ONE MAIN LEVEL) 3.5BA (1.5 MAIN LEVEL), plus SOLAR PANELS,
Private Patio, THIRD LEVEL BONUS ROOM, Deck, and 2,879 Sq. Ft of
Decadent Interior Living Space! The home features the Finest
Interior Elements including White Shaker Style Cabinetry, European
White Oak Flooring, Upgraded Carpeting, LED Recessed Lighting,
Custom Fitted Window Shades, Custom Built-Ins, and ATTACHED 2-CAR
Garage! Chef Inspired Gourmet Kitchen with Quartz Countertops, FULL
Decorative Tile Backsplash, Expansive Kitchen Island, Walk-in
Pantry, Water Purifier, and ALL GE Monogram Stainless-Steel
Appliances (Including Built-In Refrigerator)! A Lifestyle
Opportunity for Indoor/Outdoor Entertaining-1st Floor Patio with
Outdoor California Room and Artificial Turf and a 3rd Floor Private
Deck! Enjoy world-class amenities exclusive to Great Park residents
-- 5 parks, 3 full court basketball courts, 2 junior Olympic pools,
4 spas, 3 club rooms, BBQ picnic destinations at every park and one
greenhouse. Award-winning Irvine unified school district (zoned
Portola High School & Cadence Park K-8) and just minutes from
dining destinations at the Woodbury Shopping Center, Five Points
Amphitheater Irvine Spectrum, John Wayne Airport, Kaiser
Permanente, and nearby connecting freeways ( I-5, 241, 133, & 73)!
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.
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Bar, Walk-In Closet(s), Balcony, SeparateFormalDiningRoom, QuartzCounters, Unfurnished, BedroomOnMainLevel, PrimarySuite, WalkInPantry
Appliances: Built-In Range, Convection Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Tankless Water Heater, Water Purifier, SixBurnerStove
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