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18846 Saginaw
About This Property
Inside, the thoughtfully designed floor plan offers both comfort and flexibility. A welcoming living room with a fireplace serves as the centerpiece of the home, while an adjacent bonus space can function as a formal dining room, home office, library, or additional sitting area. The kitchen and dining area are positioned toward the rear of the home and open seamlessly to the backyard, creating an inviting flow for daily living and entertaining.
All four bedrooms and two bathrooms are conveniently arranged on a single level, making the layout both practical and highly desirable. A private atrium and backyard provide multiple outdoor living spaces to enjoy throughout the year. Recent improvements include new luxury vinyl flooring and fresh interior paint throughout, a newer roof (2022), industrial-grade copper plumbing, updated sliding doors and windows throughout most of the home, a remodeled kitchen with new countertops, sink, dishwasher, oven, and tile finishes, and beautifully renovated bathrooms. Additional upgrades include a backyard patio cover, cement side patio, French drain in the atrium, enhanced backyard drainage, and a newer washer purchased in 2026.
Surrounded by mature trees, scenic trails, parks, and award-winning schools, Turtle Rock offers a lifestyle that few Irvine communities can match. Combining an outstanding location, extensive upgrades, private outdoor spaces, and the ease of single-level living, this home represents a truly special offering in one of Orange County's most desirable neighborhoods.
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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%.
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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 |
|---|---|---|---|
| Oct 23, 2026 | Sold | ||
| Sold | |||
| Sep 12, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Listed by Keller Williams Realty Irvine | $2,180,000 | |
| Listed by Keller Williams Realty Irvine | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017