LOW TAX, NO MELLO ROOS, Top School District, GREAT LOCATION IN
WOODBRIDGE! A Hidden Gem GATED COMMUNITY w/ DIRECT ACCESS to North
Lake from the inside!!Woodbridge Cove sits right on Beautiful North
Lake and across from the Now Completed, 30- Million Budget
Renovation of WOODBRIDGE VILLAGE CENTER. WALK to Theaters,
Restaurants, Grocery, Elementary, Medical buildings, and more!
Built in 1985, the 2,097sf JM Peters home features 3 bedrooms 3
baths, New Carpet, Updated AC/Heating, Spacious backyard, and is on
a Cul-De-Sac! A private entrance welcomes you to the formal dining
room with high ceilings and flows to the living room with
fireplace. Looking out the large sliding doors to the patio gives
this home an open feeling which is perfect for entertaining.
Kitchen has a Breakfast Nook, lots of counter space, Solid
Cabinetry, and good Natural Light. Upstairs hall overlooks the
living area and has a good size storage closet. The Master Suite is
exceptionally large with Separate Soaker Tub and shower, dual
vanity, generous size Walk-In Closet, plus a private balcony
adjacent to the relaxing tub. Downstairs you will find Inside
Laundry, guest powder room and Direct Access to the Two Car Garage.
Enjoy all the amenities which includes privileges to the landmarked
North and South Lake, 22 pools, 16 spas, walking paths, tennis, tot
lots and more! Short drive to Beaches, UCI, IVC, Costco, Whole
Foods, 99 Ranch, HMART, 85 Degrees, popular restaurants, and more!!
Rare Opportunity-ACT NOW!
Unit Size
2,097 Ft²
Days on Market
29 days
Land Size
-
Price per sqft
$438
Property Type
Condo
Property Taxes
-
HOA Dues
$540
Year Built
-
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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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