128 Baluster
About This Property
The primary suite boasts a spa-like ensuite bathroom and a generous walk-in closet, while the additional bedrooms provide comfort and versatility. Step outside to enjoy a private outdoor space, perfect for relaxation or dining al fresco. Located just steps from The Retreat at Solis Park, residents have access to resort-style amenities, including a luxurious pool, jacuzzi, outdoor meeting areas, high-end BBQ stations, and cozy fire pits. This prime location is within walking distance to Solis Park K-8 School and Portola High School, offering access to some of Irvine's best education. Conveniently situated just 4 miles from Irvine Spectrum, 12 miles from UC Irvine and South Coast Plaza, and 14 miles from Laguna Beach, this home offers the perfect blend of luxury, convenience, and vibrant community living. Don't miss out – schedule your private tour today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Price Decreased |
$1,530,000
↓ $50K
(3.2%) | |
| Price Decreased | |||
| Apr 2, 2025 | Listed by eXp Realty of Greater Los Angeles, Inc. | $1,580,000 | |
| Listed by eXp Realty of Greater Los Angeles, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/02/2025
| |
3 Bed
|
2 Bath
|
2091 ft²
|
$1,580,000
3 Bed
2 Bath
2091 ft²
|
$1,460,000
-7.59%
07/10/2025
|
Sharon Wang
Keller Williams Palo Alto
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017