2 Shining Star Way
About This Property
Located in the sought-after Westridge neighborhood, this exceptional corner-unit single-family home offers 4 bedrooms, 2.5 baths, and a design that captures an abundance of natural light. With a charming peekaboo view of the Aliso Woods Preserve, this residence perfectly blends comfort, potential, and sophistication. Spanning approximately 2,300 square feet, this highly desired Plan Three model showcases a thoughtful layout designed for modern living. The home features four spacious bedrooms, a flexible loft space, and a harmonious blend of formal and casual living areas. The formal living and dining rooms lead effortlessly to the open-concept kitchen and cozy family room, creating an inviting atmosphere for everyday living or entertaining.
The kitchen, equipped with granite countertops, offers a foundation of functionality and style, with the flexibility to be customized to suit your unique vision. Flowing seamlessly into the family room, highlighted by a fireplace, this space exudes warmth and charm. Recent upgrades include brand-new vinyl flooring and a full repipe completed in November 2023, ensuring peace of mind and modern convenience.
Step outside to a private backyard that is ready to transform into your ideal outdoor haven. Currently featuring a mature fruit tree and an island, this space offers ample potential to design the ultimate retreat tailored to your needs.
Beyond the home's stunning features, its location is truly unbeatable. It's within walking distance to Canyon Vista Elementary School and just minutes from Soka University, top-rated middle schools, and Aliso Viejo Town Center, offering a variety of dining, shopping, and entertainment options. The Aliso Viejo Public Library, Costco, and Whole Foods Market are also conveniently close, adding to the ease of daily living. Nature lovers will appreciate quick access to the Aliso Woods hiking trails and other outdoor recreational opportunities.
This home is a rare opportunity to own in one of the area's most prestigious communities, offering a functional floorplan, timeless appeal, and endless possibilities to create a space uniquely yours.
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Jan 1, 2025 | Listed by Morrigan Properties Inc. | $1,650,000 | |
| Listed by Morrigan Properties Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017