KNOCK KNOCK!! Great opportunity to purchase a home in Turtle
Rock and remodel it with your own touches in the coveted community
of Sierra Ridge Broadmoors. Available for the first time, this home
has been meticulously maintained and is situated in a great
private, interior location. Originally the largest plan in the
community, it's been expanded with an addition to the main floor
primary bedroom and bathroom. More recent upgrades include a
concrete tile roof, new 50 gallon water heater, perimeter redwood
fencing, dual paned windows, new carpeting and a refurbished water
main with lifetime warranty. Offering approximately 2,629 square
feet, the versatile floor plan features 5 bedrooms, 2.5 bathrooms,
3 car garage and includes a main-floor primary suite, plus an
upstairs 5th bedroom that could serve as a large bonus room or
office. The layout offers a great flow for entertaining with
multiple spaces for everyday living. The living room includes a
fireplace and access to the side patio through French doors. A
separate dining room and family room also provides access to the
private backyard through sliding French doors while a separate
powder room adds convenience. The kitchen includes custom oak
cabinetry with pull-out shelves, stainless steel appliances plus a
French door refrigerator and added garden windows. Off the 5th
bedroom/bonus room, there added stairs accessing a large attic
storage space. And the upstairs bathroom comprises a vanity with
dual sinks, a tub/shower combo and new luxury vinyl plank floors. A
coveted three-car garage features a built-in workshop, laundry area
and built-in storage cabinetry. Enjoy sunsets from the kitchen,
family room, the backyard and two of the upstairs secondary
bedrooms. In addition, the wrap-around patio offers plenty of space
for outdoor enjoyment and personalization. Sierra Bonita homeowners
have access to 3 different community pool facilities, parks, sport
courts and picnic areas. Tap into the Turtle Rock lifestyle
benefits and live within minutes on multiple meandering trails,
biking paths that connect throughout the City of Irvine and weather
that is hard to beat. Ideally located steps to Bonita Canyon
Elementary, a few minutes to University High School and Turtle Rock
community park,this home offers a unique combination of value,
space and location in one of Irvine's most sought-after
neighborhoods. Low association dues. No Mello Roos. Own the
Opportunity. Create the Home. Love the Location.
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.
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