VIEWS VIEWS VIEWS!!! ULTRA RARE CORNER LOT PREMIUM HOME (ONE OF
FEW) WITH PARK, SUNSET, & CITY LIGHT VIEWS! Explore a World of
Infinite Possibilities at Orange County Great Park –Irvine's HOT
SPOT destination is the Arts and Sports recreational HUB offering
expert-led activities from the renowned Orange Air Balloon, to
Great Park Ice Arena, Sports Complex, Five Points Amphitheater,
Wild Rivers Water Park, and more! Our Novel Park "Verge Collection"
Residence 2A home built by Taylor Morrison is STEPS from the Dog
Park & unveils Luxury finishes with natural light permeating
throughout! The Premier retreat features 2BD 2.5BA, Second Level
Deck, Private Front Patio, and approx. 1,675 Sq. Ft of Sleek
interior touches! The home offers uncommon experiences at every
turn including Wood Laminate Flooring, "THE SHADE STORE" Custom
Fitted Window Shades, White Shaker Door Cabinetry, and LED Recessed
Lighting! Chef-inspired gourmet kitchen with Quartz Countertops &
FULL White Subway Tile Backsplash, and ALL Stainless-Steel
Appliances! A lifestyle opportunity for outdoor living-Private
Second Level Deck with Sliding Door access to Park & City Light
Views! 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, Arts & Crafts Center, multiple
picnic destinations and one greenhouse. Award-winning Irvine
unified school district (zoned Portola High School) 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)!
Unit Size
1,675 Ft²
Days on Market
68 days
Land Size
0.05 acres
Price per sqft
$716
Property Type
Condo
Property Taxes
-
HOA Dues
$516
Year Built
-
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Cap Rate Calculator
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IncomePer Year
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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.
Interior Features: Breakfast Bar, Balcony, Separate Formal Dining Room, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Unfurnished, All Bedrooms Up, Primary Suite, Walk In Closets
Appliances: Built In Range, Convection Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Tankless Water Heater, Water To Refrigerator
Flooring Type: Laminate, Tile
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Laundry Features: Laundry Room, Upper Level
None
Exterior Details
Property Condition: Turnkey
Year Built: 2019
Parcel Number: 93001164
Home Type: Residential
Structure Type: House
Architectural Style: Contemporary
Builder Name: William Lyon Homes - Taylor Morrison
Roof: Flat
Window Features: Custom Coverings
Construction Materials: Stucco
Outdoor Living Structures: Deck, Patio
Spa Features: Association
Pool Features: Association
Lot Information: Corner Lot, Near Park
Lot Size Source: Estimated
Lot Size Acres: 0.0459
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities: Sewer Connected
Location Details
Association Amenities: Clubhouse, Controlled Access, Sport Court, Dog Park, Fire Pit, Maintenance Front Yard, Outdoor Cooking Area, Other Courts, Barbecue, Picnic Area, Playground, Pool, Spa Hot Tub, Trails
Association Fee: $240
Association Fee Frequency: Monthly
Association Fee2: $276
Association Fee2 Frequency: Monthly
Community Features: Biking, Curbs, Dog Park, Gutters, Storm Drains, Street Lights, Sidewalks, Park
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