Listed by: Tina Yang, Pacific Sterling Realty
$1,385,000
●
House -
Off Market
178 Garden Gate Lane
Irvine, CA 92620
3 Beds
3 Baths,
1
Half Bath
1,350 Ft²
$6,950
Est. Monthly
$173
HOA / Fees
3.72%
Cap Rate
About This Property
Charming cottage-style home, nestled in the prestigious Northwood
Pointe that offers the award-winning Northwood High school, Sierra
Vista Jr. high & Canyonview Elementary. This fantastic 3 bedrooms,
2.5 baths and 2 cars attached garage has a spacious front yard with
lashes landscaping. The home's quaint layout features soaring
high ceilings and abundant natural light, providing sense of cozy
spaciousness throughout. This home exudes a sense of Old-World
elegance, with a touch of modern refinement. The Northwood
Pointe community provides heated swimming pool, tennis courts and
miles of treelined trails. Convenient location to UC Irvine,
shopping centers, freeways, hospitals and beaches. LOW HOA
and NO Mello Roose. Don't miss this opportunity to make this
your SWEET HOME!!
Unit Size
1,350 Ft²
Days on Market
42 days
Land Size
0.05 acres
Price per sqft
$1,022
Property Type
House
Property Taxes
-
HOA Dues
$173
Year Built
1997
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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 #OC24241455)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 28, 2024 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | Listed by Pacific Sterling Realty | $1,380,000 | |
| Listed by Pacific Sterling Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northwood Point
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Listed by: Tina Yang, Pacific Sterling Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24241455
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24241455
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