VIEWS VIEWS VIEWS! 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 Sterling Collection Residence 4 Alternate home Built by Tri
Pointe Homes SHOWS BETTER THAN THE MODEL HOME and is a CORNER Lot
Premium with CITY LIGHT HILLSIDE VIEWS! This FULLY LOADED
Contemporary Retreat offers 4BD (one main level) 3BA (one main
level), 3rd Level Bonus Room, Private 1st Floor Patio, Dual 3rd
Level Decks, and approximately 2,336 Sq. Ft of Decadent Interior
Living Space! The home features Luxury Vinyl Plank Flooring, Custom
Accent Walls, Wainscoting, Linear Fireplaces, LED Recessed
Lighting, Custom Fitted Window Shades, Closet Organizer System,
Water Purifier, White Cabinetry, and ATTACHED 2-CAR Garage!
Chef-Inspired Gourmet Kitchen with Quartz Countertops, FULL Subway
Tile Backsplash, White Shaker Door Cabinetry, Water Purifier,
Walk-In Pantry, and ALL Stainless Steel Appliances! A Lifestyle
Opportunity for Indoor/Outdoor Entertaining-3 Outdoor SPACES
(Private Patio, & Dual Bonus Room Decks! 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 & Beacon 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
2,336 Ft²
Days on Market
92 days
Land Size
0.07 acres
Price per sqft
$599
Property Type
Condo
Property Taxes
-
HOA Dues
$500
Year Built
2018
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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, Tray Ceiling(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s), Balcony, SeparateFormalDiningRoom, PanelingWainscoting, QuartzCounters, Unfurnished, BedroomOnMainLevel, PrimarySuite
Appliances: Convection Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Ice Maker, Microwave, Tankless Water Heater, Water Purifier, WaterToRefrigerator
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