$820,000
●
Condo -
Off Market
114 Monroe #144
Irvine, CA 92620
2 Beds
3 Baths,
1
Half Bath
1,112 Ft²
$4,645
Est. Monthly
$250
HOA / Fees
4.14%
Cap Rate
About This Property
Excellent Irvine school District neighborhood in Northwood
Timberland community near center of the city Irvine with convenient
access to shops, banks, restaurants, and I-5. This gorgeous 2-story
townhouse features 2 en-suites upstairs and one powder room on main
level for guests. No neighbor above or below. 2-car garage attached
to a Cozy and spacious private patio. Open floor plan with high
ceiling from entrance . Newly flooring and fresh paint throughout
the entire home. Refrigerator, microwave, washer and dryer with
great condition are included. Mins away from community swimming
pool, SPA, parks and plenty of guess parking. Low HOA and no mello
Roos. Only few miles away from Santa Ana/OC airport. Near
award-winning schools: Brywood Elementary, Sierra Vista Middle
School, and Northwood High School.
Unit Size
1,112 Ft²
Days on Market
56 days
Land Size
-
Price per sqft
$805
Property Type
Condo
Property Taxes
-
HOA Dues
$250
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #OC24202988)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Listed by RE/MAX Fine Homes | $895,000 | |
| Listed by RE/MAX Fine Homes | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms: 1
Bathrooms on Main Level: 1
Levels: Two
Interior Features: Eat In Kitchen, Granite Counters, Multiple Staircases, Open Floorplan, All Bedrooms Up
Appliances: Dishwasher, Gas Range, Dryer, Washer
Flooring Type: Tile, Vinyl
Living Area Square Feet Source: Assessor
Laundry Features: Laundry Chute, Inside, Upper Level
Has Fireplace
Family Room
Exterior Details
Year Built: 1986
Parcel Number: 93209648
Home Type: Residential
Structure Type: House
Spa Features: Association
Pool Features: Association
Lot Information: Near Public Transit
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location Details
Association Amenities: Pool, Spa Hot Tub
Association Fee: $250
Association Fee Frequency: Monthly
Community Features: Biking, Street Lights, Sidewalks
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Elementary School: Brywood
Middle or Junior School: Sierra Vista
High School: Northwood
High School District: Irvine Unified
Directions: turn into Community toswards to swimming pool and 114 monroe front door is on the left side
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional, Exchange1031
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/04/2024
|
2 Bed
|
3 Bath
|
1112 ft²
|
$895,000
2 Bed
3 Bath
1112 ft²
|
$820,000
-8.38%
12/02/2024
|
Chi Chun Luo
RE/MAX Fine Homes
|
Building Info
About Northwood
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Listed by: Chi Chun Luo, RE/MAX Fine Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24202988
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24202988
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