**Priced to sell** Welcome to the spacious condo in Irvine Unified
School District (IUSD) which is short walking distance from both
Solis Park Elementary(K-8) and Portola High School and part of the
most sort after Great Park neighborhoods in Irvine. This beautiful
home has 3 bedrooms and 2.5 baths with a loft with its master
bedroom downstairs. With its large kitchen island with lots of
storage and open floor plan, it makes family gathering a fun place
to be. Having two patios, one on each floor, helps to relax and
spend quality time in open air enjoying the beautiful California
weather. The laundry room is already equipped with GE washer and
dryer and has space for storage as well. The home also comes with
two car garage and an additional storage room outside the Home for
storge your stuff that is not needed for your day to day. Having
secured entrance to the building with numeric code or QR code
entrance also makes this condo safe. The mailbox is right below the
building giving easy access to your mails. Great Park residents
enjoy 5 Parks, 3 Full court basketball courts, 25 tennis courts, 2
junior Olympic pools, 4 Spas, 3 clubs, Close to the Woodbury
Shopping Center, Five Points Amphitheater, Irvine Spectrum, John
Wayne Airport, Kaiser Permanente, Hoag Hospital, City of Hope, also
convenience to connect multiple freeways I-5, 133, 241, 261, 73,
etc. , making it an absolute must-see property.
Unit Size
2,229 Ft²
Days on Market
73 days
Land Size
0.74 acres
Price per sqft
$561
Property Type
Condo
Property Taxes
-
HOA Dues
$680
Year Built
-
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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.
Appliances: Built-In Range, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Dryer, Washer, WaterToRefrigerator
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