LOCATION, LOCATION!! Rare opportunity to own a beautiful END
UNIT townhome next to a large OPEN GREENBELT. Enter through
the formal foyer and you will be greeted by a LARGE and OPEN GREAT
ROOM with high ceilings, recessed lighting, and large windows
overlooking the lush trees and greenbelt. The Gourmet Kitchen
features upgraded Caesar Stone countertops, stainless steel
appliances, large kitchen island, and upgraded dark wood shaker
cabinets. Escape upstairs to find brand new carpeting and 3
SPACIOUS bedrooms. Well appointed MASTER SUITE is complete with
plenty of space for a king bed, LARGE WALK-IN CLOSET, and OUTDOOR
BALCONY. Master bath features DUAL UPGRADED VANITIES, SOAKING
TUB, and separate shower. There are 2 additional bedrooms at the
opposite end which share an upgraded bathroom. Separate laundry
area is conveniently located upstairs - all appliances included!
Entertain on the OUTDOOR PATIO overlooking the large grass
green belt. Oversized 2-car direct garage access and plenty
of guest parking out front. Premium end unit is located
across the street from Portola Springs Elementary and the community
park. Walking distance to private clubhouse, olympic-size lap
pool, and basketball courts. Zoned for award-winning Irvine Unified
schools. Close to Woodbury Shopping Center which includes many
dining options, Trader Joes, Home Depot, and much more! Hurry, this
home will go fast!
Unit Size
1,769 Ft²
Days on Market
70 days
Land Size
-
Price per sqft
$452
Property Type
Condo
Property Taxes
-
HOA Dues
$435
Year Built
2007
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Cap Rate Calculator
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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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