$1,179,000
●
Condo -
Off Market
16 Arborside
Irvine, CA 92603
3 Beds
2 Baths,
1
Half Bath
1,701 Ft²
$1,690,634
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Welcome to 16 Arborside located in Irvine's coastal-close gated
community of Arborel in Turtle Ridge. This light and bright
DETACHED HOME has just been refreshed and is move-in ready! The
gourmet kitchen boasts new stainless appliances, all new soft close
cabinetry with gorgeous quartz countertops and a large center
island with seating that overlooks the great/family room. This
functional floor plan has 3 generous sized bedrooms all upstairs
including the master suite that is completed by a shower, soaking
tub, and large walk-in closet. New paint, LED lighting and flooring
throughout complete this magnificent home. The Arborel is a unique
and quaint community which includes a clubhouse with a kitchen, a
pool and spa, and open areas with barbecues and is located just
minutes from the 73 Toll Road, world class shopping and
restaurants, award winning schools and beautiful beaches!
Unit Size
1,701 Ft²
Days on Market
46 days
Land Size
0.07 acres
Price per sqft
$699
Property Type
Condo
Property Taxes
-
HOA Dues
$219
Year Built
2004
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #OC20056363)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 27, 2020 | Sold | ||
| Sold | |||
| Mar 12, 2020 | Listed by Coldwell Banker Realty | $1,189,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: AllBedroomsUp
Flooring Type: Carpet, Laminate
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Square Footage: 1701
Year Built Source: Estimated
Year Built: 2004
Levels: Two
Pool Features: Community, Association
Lot Size Area: 3000
Lot Size Units: Square Feet
Lot Size Acres: 0.0689
Lot Size Square Feet: 3000
Tax Lot: 2
Water Source: Public
Utilities Details
Cooling Type: Central Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Barbecue, Picnic Area, Pool, Spa/Hot Tub, Trail(s)
HOA Fee: $219
HOA 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 |
|---|---|---|---|---|---|---|---|
|
03/12/2020
| |
3 Bed
|
2 Bath
|
1701 ft²
|
$1,189,000
3 Bed
2 Bath
1701 ft²
|
$1,179,000
-0.84%
04/27/2020
|
Darren Smith
Indio RV Resorts Inc.
|
Building Info
About Turtle Ridge
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Listed by: Jason C Bradshaw, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC20056363
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC20056363
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