$610,000
●
Condo -
Off Market
13 Rainbow Ridge
Irvine, CA 92603
2 Beds
2 Baths
1,365 Ft²
$996,657
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
Well maintained single level Turtle Rock home.
Unit Size
1,365 Ft²
Days on Market
60 days
Land Size
-
Price per sqft
$458
Property Type
Condo
Property Taxes
-
HOA Dues
$500
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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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: 5 months ago (CRMLS #NP17123833)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2017 | Sold | ||
| Sold | |||
| Jun 2, 2017 | Listed by Surterre Properties Inc. | $625,000 | |
| Listed by Surterre Properties Inc. | |||
Property Highlights
Air Conditioning
Fireplace
Garage
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Driveway, Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Built-in Features, Granite Counters, Recessed Lighting, LivingRoomDeckAttached, BedroomOnMainLevel, MainLevelPrimary, WalkInPantry
Appliances: Dishwasher, Electric Cooktop, Microwave
Flooring Type: Laminate
Door Features: Sliding Doors
Laundry Features: Laundry Room
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1365
Security Features: Smoke Detector(s)
Year Built Source: Assessor
Year Built: 1979
Levels: One
Patio and Porch Features: Deck
Pool Features: Community, Association
Lot Features: NearPark
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
HOA Fee: $410
HOA Fee Frequency: Monthly
Condo/Coop Fee: $90
Condo/Coop Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
06/02/2017
| |
2 Bed
|
2 Bath
|
1365 ft²
|
$625,000
2 Bed
2 Bath
1365 ft²
|
$610,000
-2.40%
08/01/2017
|
Jacqueline Thompson
Surterre Properties Inc.
|
Building Info
About Turtle Rock
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Listed by: Jacqueline Thompson, Surterre Properties Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP17123833
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP17123833
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