129 Spiral
About This Property
The main level's open floor plan seamlessly transitions to the upgraded California room through large accordion doors, leading you to a private garden oasis that includes a 16-foot fountain, fireplace, built-in Wolf BBQ, Sub-Zero fridge, and bar. The seamless connection to the outdoors allows for a perfect blend of indoor and outdoor living, making entertaining guests or finding tranquility effortless. The gourmet kitchen is a chef's dream, boasting a large quartz stone island and countertops accompanied by high-end GE Monogram stainless steel appliances and soft-close cabinetry. This exceptional model home features an abundance of strategically placed windows that maximize natural light, creating an airy, open, and warm interior.
This home comprises 3 bedrooms, large loft, and 5 bathrooms, with the second floor hosting 3 en suite bedrooms with walk-in closets, including a primary suite featuring a spa-like bathroom with a generously sized tub, shower, and double vanity. The third floor offers a large loft with a bathroom and a private deck (loft can be converted into a 4th bedroom). Parking is ample with a driveway accommodating two cars plus an attached two-car garage with an EV charger.
Enjoy breathtaking mountain and park views, with Cadence Park just one block away, featuring a large pool and spa, basketball courts, a sand volleyball court, BBQ areas, a clubhouse, and a library. This home is a short walk from the highly regarded Cadence Park School (K-8) and Portola High School (9-12). The neighborhood offers extensive sports facilities, the Wild Rivers Water Park, and an upcoming retail center. Convenient access to I-5, I-133, I-261, and I-241 ensures you are minutes away from shops, restaurants, grocery stores, and only 30 minutes from Newport Beach or Laguna Beach. Additionally, the picturesque Bosque scenic trails are just a 10-minute walk away.
This stunning home is a must-see and is also available fully furnished. Schedule your viewing today and experience the epitome of resort-style living!
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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 25, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Relisted | $2,488,888 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Aug 3, 2024 | Listed by Jyot Champaneri, Broker | $2,488,888 | |
| Listed by Jyot Champaneri, Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017