Explore a World of Infinite Possibilities at Orange County Great
Park –Irvine's HOT SPOT destination is the Arts and Sports
recreational HUB offering expert-led activities from the renowned
Orange Air Balloon, to Great Park Ice Arena, Farm and Food Lab,
Sports Complex, Five Points Amphitheater, and more! Our Premier
"Encore" Collection Residence ONE in Cadence Park built by Lennar
homes is HIGHLY UPGRADED one of the most highly desired floor
plans! This COMPLETELY DETACHED Contemporary Retreat offers 4BD
(ONE MAIN LEVEL) 3.5BA (1.5 MAIN LEVEL), plus SOLAR PANELS, Private
Patio, THIRD LEVEL BONUS ROOM, Deck, and 2,879 Sq. Ft of Decadent
Interior Living Space! The home features the Finest Interior
Elements including Espresso Shaker Style Cabinetry, Luxury Vinyl
Plank Flooring, NEW Upgraded Carpeting, LED Recessed Lighting,
Custom Fitted Plantation Shutters, and ATTACHED 2-CAR Garage with
Epoxy Flooring + Overhead Storage! Chef Inspired Gourmet Kitchen
with Quartz Countertops, FULL Herringbone Tile Backsplash,
Expansive Kitchen Island, and ALL Stainless-Steel Appliances
(Including Built-In Refrigerator)! A Lifestyle Opportunity for
Indoor/Outdoor Entertaining-1st Floor Patio with Outdoor California
Room (Including a Custom Living Wall + Drip System), Front Private
Porch with Artificial Turf, & 3rd Floor Private Deck! Enjoy
world-class amenities exclusive to Great Park residents -- 5 parks,
3 full court basketball courts, 2 junior Olympic pools, 4 spas, 3
club rooms, BBQ picnic destinations at every park and one
greenhouse. Award-winning Irvine unified school district (zoned
Portola High School & Cadence Park K-8) and just minutes from
dining destinations at the Woodbury Shopping Center, Five Points
Amphitheater Irvine Spectrum, John Wayne Airport, Kaiser
Permanente, and nearby connecting freeways ( I-5, 241, 133, & 73)!
Unit Size
2,879 Ft²
Days on Market
30 days
Land Size
0.09 acres
Price per sqft
$660
Property Type
Condo
Property Taxes
-
HOA Dues
$240
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.
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Bar, Walk-In Closet(s), Balcony, SeparateFormalDiningRoom, QuartzCounters, Unfurnished, BedroomOnMainLevel, PrimarySuite
Appliances: Built-In Range, Convection Oven, Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Water Softener, Tankless Water Heater, Water Purifier, SixBurnerStove, WaterToRefrigerator
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