$1,460,000
●
Condo -
Off Market
177 Frame
Irvine, CA 92618
3 Beds
3 Baths,
1
Half Bath
2,000 Ft²
$7,865
Est. Monthly
$500
HOA / Fees
3.22%
Cap Rate
About This Property
||| Motivated Seller - Significant Price Reduction!!!! |||
Currently shown as a 3-bedroom home, this rare, newer end-unit townhome in Cadence Park offers incredible flexibility with a spacious loft on the third story, complete with a full bathroom. This loft can easily be converted into a fourth bedroom, making it perfect for growing families.
Shows like a model home! Conveniently located within walking distance to Cadence Park K-8 school and assigned to the award-winning Portola High, this home boasts a highly upgraded interior throughout. The first floor features a stunning designer-style kitchen with a gorgeous countertop and backsplash, a great room, a dining room, and a half bathroom. The living room showcases a beautiful art background wall. On the second floor, you'll find a spacious master bedroom ensuite, two additional bedrooms, and a full bathroom. The third floor includes the versatile loft that can be turned into a fourth bedroom with its own full bathroom.
The Great Park community amenities include swimming pools, spas, sports fields, clubs, and playgrounds. This home's location offers easy access to everything!
Currently shown as a 3-bedroom home, this rare, newer end-unit townhome in Cadence Park offers incredible flexibility with a spacious loft on the third story, complete with a full bathroom. This loft can easily be converted into a fourth bedroom, making it perfect for growing families.
Shows like a model home! Conveniently located within walking distance to Cadence Park K-8 school and assigned to the award-winning Portola High, this home boasts a highly upgraded interior throughout. The first floor features a stunning designer-style kitchen with a gorgeous countertop and backsplash, a great room, a dining room, and a half bathroom. The living room showcases a beautiful art background wall. On the second floor, you'll find a spacious master bedroom ensuite, two additional bedrooms, and a full bathroom. The third floor includes the versatile loft that can be turned into a fourth bedroom with its own full bathroom.
The Great Park community amenities include swimming pools, spas, sports fields, clubs, and playgrounds. This home's location offers easy access to everything!
Unit Size
2,000 Ft²
Days on Market
106 days
Land Size
-
Price per sqft
$750
Property Type
Condo
Property Taxes
-
HOA Dues
$500
Year Built
-
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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: 2 years ago (CRMLS #OC24131503)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | Price Decreased |
$1,499,800
↓ $50K
(3.2%) | |
| Price Decreased | |||
| Aug 8, 2024 | Price Decreased |
$1,550,000
↓ $30K
(1.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: AllBedroomsUp
Appliances: Dryer, Washer
Laundry Features: Washer Hookup, Inside, Laundry Room, See Remarks
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 2000
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 2019
Levels: Three Or More
Pool Features: Community, Association
Tax Lot: 6
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Barbecue, Playground, Pool, Spa/Hot Tub, FirePit
HOA Fee: $240
HOA Fee Frequency: Monthly
Condo/Coop Fee: $260
Condo/Coop 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 |
|---|---|---|---|---|---|---|---|
|
06/26/2024
| |
3 Bed
|
3 Bath
|
2000 ft²
|
$1,580,000
3 Bed
3 Bath
2000 ft²
|
$1,460,000
-7.59%
10/11/2024
|
Zhun J.J. Huang
HomeSmart, Evergreen Realty
|
|
05/26/2023
| |
3 Bed
|
3.5 Bath
|
2000 ft²
|
$1,200,000
3 Bed
3.5 Bath
2000 ft²
|
-
-
|
Nikki Sartipi
Redfin
|
Building Info
About Orange County Great Park
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Listed by: Yang Zheng, Universal Elite Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24131503
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24131503
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