131 Parakeet
About This Property
The thoughtfully designed layout blends living, dining, and kitchen spaces into a seamless flow, ideal for both everyday living and entertaining. Abundant windows bring in natural light throughout the day, while the impressive ceiling height enhances the home's luxurious feel.
One of the standout features of this property is its generously sized backyard – a perfect setting for outdoor dining, entertaining guests, or simply enjoying Irvine's year-round sunshine.
Located in the heart of Eastwood Village, this home belongs to a community known for top-rated schools, including Eastwood Elementary, Sierra Vista Middle School, and Northwood High School. Residents enjoy a variety of resort-style amenities such as two swimming pools, tennis courts, basketball courts, BBQ areas, a sand volleyball court, and multiple playgrounds.
With one of the lowest tax rates and HOA fees in Irvine, 131 Parakeet offers exceptional value for both homeowners and investors. Just minutes from Woodbury Town Center and Northwood Plaza, you'll find shopping, dining, and entertainment within easy reach.
Don't miss this rare opportunity to own a bright, spacious home with soaring ceilings and a large backyard in one of Irvine's most sought-after communities.
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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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed by Keller Williams Realty Irvine | $2,850,000 | |
| Listed by Keller Williams Realty Irvine | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017