$1,235,000
●
Condo -
Off Market
12 Geranium
Irvine, CA 92618
3 Beds
3 Baths
1,526 Ft²
$6,563
Est. Monthly
$425
HOA / Fees
3.91%
Cap Rate
About This Property
Quiet and Very rare location within tract facing open grassy
greenbelt ***Full Bathroom/Bedroom on main level!! *** Open floor
plan with upgraded laminate flooring throughout (No Carpet),
designer paint, plantation shutters, smart thermostat, multiple
ceiling fans, large laundry room and professionally designed
primary bedroom closet with upgraded barn door *** Open kitchen
includes walk-in pantry, quartz counters and sit-up island,
stainless steel appliances and French cabinetry *** Over-sized two
car garage with abundance of storage cabinets and Epoxy Flooring
*** Enclosed yard is south-facing providing and abundance of
natural sunlight with stone decking *** Steps to your choice of
four private community pools, tennis, tot lots, Oak Creek
Elementary and upscale dining and shopping.
Unit Size
1,526 Ft²
Days on Market
64 days
Land Size
-
Price per sqft
$819
Property Type
Condo
Property Taxes
-
HOA Dues
$425
Year Built
2000
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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: 3 years ago (CRMLS #OC24167677)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Price Decreased |
$1,250,000
↓ $25K
(2%) | |
| Price Decreased | |||
| Sep 14, 2024 | Price Decreased |
$1,275,000
↓ $25K
(1.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Direct Access, Garage, Storage
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Bedrooms on Main Level: 1
Full Bathrooms: 3
Bathrooms on Main Level: 1
Levels: Two
Interior Features: Breakfast Bar, Built In Features, Ceiling Fans, Separate Formal Dining Room, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Primary Suite, Walk In Pantry, Walk In Closets
Appliances: Dishwasher, Free Standing Range, Disposal, Microwave
Flooring Type: Laminate
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Laundry Features: Inside, Laundry Room
Has Fireplace
Great Room
Exterior Details
Road Frontage Type: CityStreet
Property Condition: Turnkey
Year Built: 2001
Parcel Number: 93537287
Home Type: Residential
Structure Type: House
Architectural Style: Contemporary
Roof: Tile
Window Features: Double Pane Windows, Plantation Shutters
Construction Materials: Stucco
Outdoor Living Structures: Enclosed
Spa Features: Association
Pool Features: Association
Lot Information: Greenbelt, Near Park
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Utilities: Sewer Connected
Location Details
Association Amenities: Sport Court, Barbecue, Picnic Area, Playground, Pool, Spa Hot Tub, Tennis Courts, Trails
Association Fee: $350
Association Fee Frequency: Monthly
Association Fee2: $75
Association Fee2 Frequency: Monthly
Community Features: Street Lights, Suburban, Sidewalks, Park
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Subdivision: Montilla (MONT)
Elementary School: Oak Creek
Middle or Junior School: Lakeside
High School: Woodbridge
High School District: Irvine Unified
Subdivision Name: Montilla (MONT)
Directions: From 405 exit Jeffrey, right onto Quailcreek which goes directly into Montilla tract, left onto Jasmin and property is on the left
Other Details
Listing Terms: CashToNewLoan, Conventional
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 |
|---|---|---|---|---|---|---|---|
|
08/14/2024
| |
3 Bed
|
3 Bath
|
1526 ft²
|
$1,299,800
3 Bed
3 Bath
1526 ft²
|
$1,235,000
-4.99%
10/18/2024
|
Diane Merassa
Aspero Realty, Inc
|
Building Info
About Oak Creek
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Listed by: Todd Muradian, Aspero Realty, Inc
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24167677
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24167677
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