Welcome to 140 Aspect, a beautifully upgraded and fully detached
home located in the Rise community within Great Park. Built in
2022, this popular Launch at Rise Residence Three floor plan offers
5 bedrooms, 4.5 bathrooms, a spacious second-floor loft, and the
perfect blend of comfort, practicality and luxurious living. The
open-concept main level features a modern kitchen with premium
finishes, seamlessly flowing into the dining and living areas -
perfect for entertaining and everyday comfort. The Kitchen opens to
a spacious backyard, effortlessly blending indoor / outdoor living.
A convenient main-floor bedroom with an en-suite bath provides
flexibility for guests or multi-generational living. Upstairs,
enjoy a generous primary suite featuring a spa-inspired bathroom
and its own private balcony - a tranquil retreat perfect for
morning coffee or quiet evenings. Second floor also offers spacious
secondary bedrooms, a dedicated laundry room, and a large loft that
offers flexibility for a home office, media space, or playroom.
Additional highlights include fully-owned solar panels, water
purifier, water softener, wide-plank engineered wood flooring, and
an attached two-car garage accessible by a private alley. This home
is zoned for the highly acclaimed Irvine Unified School District
(Solis Park K-8 and Portola High School) and ideally located steps
from Rise Park and walking distance to award-winning Portola High
School. As part of the Great Park Neighborhoods, residents can also
enjoy access to a vast network of amenities including multiple
pools, parks, sports courts, clubhouses, trails, and year-round
community events.
Unit Size
3,298 Ft²
Days on Market
84 days
Land Size
0.74 acres
Price per sqft
$734
Property Type
Condo
Property Taxes
-
HOA Dues
$240
Year Built
2022
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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.
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