$805,000
●
Condo -
Off Market
138 Terrapin
Irvine, CA 92618
3 Beds
3 Baths,
1
Half Bath
2,196 Ft²
$1,144,626
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
This beautifully appointed three bedroom, three bath townhome is
situated in a premiere location near Irvine's Great Park. The newly
constructed property showcases fresh modern design in a functional
and welcoming family home. With bright white shaker cabinets,
stainless appliances and a large eat-at island, the kitchen is the
perfect space to host and entertain. The open concept floor plan
makes the home feel spacious and light. This townhouse boasts a
drive-in attached garage, an outdoor covered balcony, and a private
rooftop deck with a beautiful view of the mountains in the distance
and greenbelt below. Irvine is known for its excellent schools and
master planned community, featuring easy access to neighboring
shops, the Great Park, schools and
outdoor space.
Unit Size
2,196 Ft²
Days on Market
272 days
Land Size
0.05 acres
Price per sqft
$367
Property Type
Condo
Property Taxes
-
HOA Dues
$432
Year Built
2018
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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 #OC19163430)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2020 | Sold | ||
| Sold | |||
| Jul 11, 2019 | Listed by Pacific Sotheby's Int'l Realty | $805,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Garage, Garage Faces Rear
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Breakfast Bar, Built-in Features, Eat-in Kitchen, Recessed Lighting, Storage, Balcony, BedroomOnMainLevel
Appliances: Built-In Range, Convection Oven, Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Dryer
Flooring Type: Carpet, Laminate
Door Features: Sliding Doors
Laundry Features: Gas Dryer Hookup, Inside, Laundry Room, Upper Level
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 2196
Square Footage Source: $0
Property Condition: Turnkey
Year Built Source: Builder
Year Built: 2018
Builder Name: William Lyon Homes
Levels: Three Or More
Pool Features: Community, Heated, In Ground, Association
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 2196
Lot Size Units: Square Feet
Lot Size Acres: 0.0504
Lot Size Square Feet: 2196
Tax Lot: 48
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Sport Court, Maintenance Grounds, Barbecue, Picnic Area, Playground, Pool, Spa/Hot Tub, FirePit, OutdoorCookingArea
HOA Fee: $215
HOA Fee Frequency: Monthly
Condo/Coop Fee: $217
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 |
|---|---|---|---|---|---|---|---|
|
07/11/2019
| |
3 Bed
|
3 Bath
|
2196 ft²
|
$805,000
3 Bed
3 Bath
2196 ft²
|
$805,000
04/08/2020
|
Ryan Tarr
Pacific Sotheby's Int'l Realty
|
Building Info
About Orange County Great Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sean Stanfield, Pacific Sotheby's Int'l Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19163430
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19163430
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