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111 Sunset Cove
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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 |
|---|---|---|---|
| Feb 24, 2023 | No longer available | - | |
| No longer available | |||
| Dec 2, 2022 | In contract | - | |
| In contract | |||
| Sep 13, 2022 | Listed by Surterre Properties | $4,895,000 | |
| Listed by Surterre Properties | |||
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An incredible opportunity to purchase one of the finest homes in Orchard Hills with views, soaring ceilings, main level master suite, pool/spa, solar panel system and much more! This sensational La Vita home in guard gated Orchard Hills presides on a rare, oversized approximately 10,000 square foot lot with panoramic views that gaze out to the cityscapes of Irvine. The entertaining-friendly floor plan is basked in sunlight and its modern design yields sleek clean lines, French oak planked hardwood flooring, and walls of sliding pocket doors joining interior and exterior spaces. Upon entry through the European inspired courtyard, the soaring two-story living room ceilings greet you. From there, the disappearing doors take you to the well envisioned California room with television and fireplace or alternatively, head into the dining room or kitchen seamlessly. The kitchen featuring stainless steel appliances, large island, and a spacious butlers pantry that offers additional counterspace, storage and a walk-in pantry. The main level master suite embodies a true retreat with disappearing doors out to the pool and city light views, and spa bath features a large walk-in closet, dual vanities, and walk-in shower. The second level has two-bedroom suites, a bonus area and access to the interior front courtyard via charming stairway. Several outdoor spaces complement the home with a beautiful contemporary pool and spa, barbecue area, putting green, and additional sitting areas to soak in the views and Southern California lifestyle. Additional highlights include a main level bedroom suite, office, and large driveway with a 2-car garage. The current pool and spa is gated for child safety but can be removed. Minutes from the parks, award-winning Orchard Hills Elementary school, village restaurants and shops. The manager has listed the unit size as 4022 square feet.
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| Oct 23, 2019 | Sold | ||
| Sold | |||
| Apr 12, 2019 | Listed by Spectrum Properties | $3,798,888 | |
| Listed by Spectrum Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017