Listed by: Katherine Quach, Treeline Realty & Investment
$1,568,000
●
Condo -
Off Market
123 Fairbridge
Irvine, CA 92618
3 Beds
4 Baths,
1
Half Bath
1,786 Ft²
$8,113
Est. Monthly
$256
HOA / Fees
3.26%
Cap Rate
About This Property
Location, Location, Location! This elegant two-story single-family
home located in the charming Cypress Village. It offers an
ideal blend of comfort and Luxury with open floor plan. It features
3 spacious Bedrooms, each with its own bathroom, and a powder room
downstairs for guests. 1st Floor features a private suite
with its own entrance, the second floor features a loft with high
ceiling, two spacious bedrooms with its own bathroom. There is a
private courtyard as you enter the property where you can enjoy a
beautiful california weather! Enjoy resort-style amenities
like pools, parks, and sport courts, and within walking distance to
award-winning schools. The property also offers easy access
to the freeway and close distance to major grocery stores, shops
and restaurants. This home is a perfect blend of luxury and
convenience! Must See!!!
Unit Size
1,786 Ft²
Days on Market
109 days
Land Size
0.06 acres
Price per sqft
$896
Property Type
Condo
Property Taxes
-
HOA Dues
$256
Year Built
2017
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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 #AR24159947)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Oct 20, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $1,600,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Sep 23, 2024 | Price Decreased |
$1,600,000
↓ $270K
(14.4%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
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
Half Bathrooms: 1
Bathrooms on Main Level: 1
Levels: Two
Interior Features: High Ceilings, Open Floorplan, Loft, Primary Suite, Walk In Closets
Living Area Square Feet Source: Assessor
Laundry Features: Inside
None
Exterior Details
Year Built: 2017
Parcel Number: 93133702
Home Type: Residential
Structure Type: House
Pool Features: Community, Association
Lot Information: Near Park
Lot Size Source: Estimated
Lot Size Acres: 0.0574
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
Association Amenities: Sport Court, Pool
Association Fee: $135
Association Fee Frequency: Monthly
Association Fee2: $121
Association Fee2 Frequency: Monthly
Community Features: Street Lights, Park, Pool
Subdivision: other
High School District: Irvine Unified
Subdivision Name: other
Directions: West of Great Park and East of Cyprss Village
Other Details
Listing Terms: CashToNewLoan
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 |
|---|---|---|---|---|---|---|---|
|
08/02/2024
| |
3 Bed
|
4 Bath
|
1786 ft²
|
$1,600,000
3 Bed
4 Bath
1786 ft²
|
$1,568,000
-2.00%
11/20/2024
|
Katherine Quach
Treeline Realty & Investment
|
Building Info
About Irvine Spectrum
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Listed by: Katherine Quach, Treeline Realty & Investment
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR24159947
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR24159947
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