$1,780,000
●
House -
Off Market
121 Paramount
Irvine, CA 92618
5 Beds
5 Baths,
1
Half Bath
4,133 Ft²
$2,787,079
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
Graced with a desirable setting on a quiet street in Irvine's
prestigious Silvermist neighborhood at The Great Park,
this stunning residence surpasses the area's professionally
decorated model homes in beauty, style and craftsmanship. Recently
crafted in 2015, the home showcases more than $300,000 in refined &
elegant upgrades and gracious outdoor landscaping. Generously sized
at approx. 4,133 s.f., the 5-bedroom, 5.5-bath design is open and
bright, with 2 FULL MASTER SUITES, one of them DOWNSTAIRS. Slide
away doors between the great room and the loggia erase the line
between indoor & outdoor living. Entertain graciously in a well
designed indoor living room with fireplace & surround sound, a
formal dining room, & a chef-caliber kitchen with Caesarstone
Quartz counters, furniture-quality cabinetry, large island, an
oversized butlers pantry & top-of-the-line appliances from Wolf and
Sub-Zero. The main floor is also home to office and ensuite
bedroom. This luxurious home hosts a versatile bonus room
upstairs, & a sumptuous master suite, a spa quality master bath &
huge walk in closets.
Unit Size
4,133 Ft²
Days on Market
115 days
Land Size
0.16 acres
Price per sqft
$435
Property Type
House
Property Taxes
-
HOA Dues
$188
Year Built
2015
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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: 4 months ago (CRMLS #OC17262500)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 16, 2018 | Sold | ||
| Sold | |||
| Nov 21, 2017 | Listed by First Team Real Estate | $1,799,800 | |
| Listed by First Team Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Orange County Great Park
Similar Homes for Sale
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Listed by: Erin Valovich, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC17262500
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC17262500
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