123 Doverwood
About This Property
The open-concept main level is filled with natural light and seamlessly connects the living room, dining area, and kitchen, creating an inviting space for both everyday living and entertaining. A desirable first-floor bedroom with an en-suite bathroom provides flexibility for guests, extended family, or a private home office.
Upstairs, a generously sized loft offers the perfect space for a secondary living area, media room, or study. The spacious primary suite features dual vanities, a soaking tub, a separate walk-in shower, and a large walk-in closet. Two additional upstairs bedrooms each include their own en-suite bathrooms, providing privacy and comfort for every family member.
Fresh paint finishes and modern lighting create a bright, welcoming atmosphere, making this home truly move-in ready.
Beyond your doorstep, enjoy the convenience of having a community park directly across the street, along with walking distance to Stonegate Elementary School, a recipient of multiple Blue Ribbon and California Distinguished School awards. Residents also enjoy Stonegate's resort-style amenities, including pools, spas, parks, clubhouses, tennis courts, and playgrounds. The home is served by Sierra Vista Middle School and Northwood High School, with the nearby Jeffrey Open Space Trail and convenient freeway access completing this exceptional Irvine lifestyle.
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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 |
|---|---|---|---|
| Oct 17, 2026 | In contract | - | |
| In contract | |||
| Oct 11, 2026 | Price Decreased |
$2,430,000
↓ $60K
(2.4%) | |
| Price Decreased | |||
| Oct 4, 2026 | Price Decreased |
$2,490,000
↓ $7K
(0.3%) | |
| Price Decreased | |||
| Sep 1, 2026 | Listed by Gold Orange Realty Inc. | $2,497,000 | |
| Listed by Gold Orange Realty Inc. | |||
| Aug 8, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017