PREMIUM LOCATION, LARGE YARD & PRIVATE DRIVEWAY CORNER HOME!!
Highly desirable Arbor in Portola Springs Village 2,410 SF Plan 4
single family detached available. This beautiful 2-story home
features a premium location with no neighbor on one side and a
large yard with an approximately 6,776 SF lot. This open concept
downstairs floorplan features a stylish Kitchen with upgraded
skinny shaker-style cabinetry and upgraded popular Taj Mahal
quartzite counters and backsplash, Jenn Air stainless steel
appliances and large island with seating. Great Room opens to
Dining Room and Kitchen with walk-in pantry; powder bath and 2-car
garage complete the downstairs. Upstairs is the spacious Primary
suite and large bathroom with upgraded cabinets, counters and
shower tile featuring freestanding bathtub, shower, double sinks,
and walk-in closet. The upstairs also features two more bedrooms, a
loft, and a laundry room with loads of storage. This home has over
$120,000 in Designer selected optional upgrades including
engineered wood and tile flooring throughout, even solar panels are
included in the purchase price! This amenity-rich Portola Springs
community features several Jr. Olympic pools, wading pools, parks
with shade structures, tot lots, BBQ's and picnic areas,
basketball, walking trails and playgrounds. The Portola Springs
Community Park has a Community Center, lighted pickleball, softball
and tennis courts, soccer fields, sand volleyball court and more
all with an HOA of about $305/month! Fantastic Irvine location is
close to shopping, dining, freeways, recreation, and excellent
schools.
Unit Size
2,410 Ft²
Days on Market
122 days
Land Size
0.16 acres
Price per sqft
$876
Property Type
Condo
Property Taxes
-
HOA Dues
$305
Year Built
-
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Cap Rate Calculator
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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.
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