172 Newall
About This Property
A downstairs bedroom with a full bathroom offers excellent flexibility, ideal for guests, extended family, or a private home office. This residence also features a true secondary kitchen, fully equipped with a stove, range hood, sink, refrigerator, abundant cabinetry, and a walk-in pantry-perfect for multi-generational living or for those who enjoy additional cooking space. The main kitchen is upgraded with a built-in refrigerator, while the main living area is enhanced by plantation shutters, customized wall colors, and tile and laminate flooring throughout the entire home.
A large glass sliding door opens to the backyard, creating seamless indoor-outdoor living. The living area and primary suite enjoy beautiful morning sunlight, filling the home with natural brightness. Upstairs, the secondary level offers a spacious loft, a private balcony, and a convenient individual laundry room with a sink. All bedrooms on the second level are en-suite, each with its own private bathroom, providing exceptional comfort and privacy. The spacious primary suite features a well-appointed bathroom with a separate bathtub and shower, dual sinks, upgraded tile flooring, and a walk-in closet. The backyard is exceptionally large for Irvine and includes a California room and a built-in BBQ area with a sink, ideal for entertaining and outdoor enjoyment. The front yard is enclosed with an arched iron door and iron fencing, offering enhanced privacy while adding functional outdoor space rarely found in newer communities. Conveniently located near top-rated schools, parks, shopping, dining, and major freeways, this home presents a rare combination of space, thoughtful upgrades, and versatile living-an outstanding opportunity to enjoy the Irvine lifestyle.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2026 | Sold | ||
| Sold | |||
| Jan 31, 2026 | In contract | - | |
| In contract | |||
| Jan 18, 2026 | Listed by Universal Elite Inc. | $2,399,800 | |
| Listed by Universal Elite Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017