Professional photos shortly! Welcome to this exceptional home with
phenomenal city lights and mountain views in the prestigious
community of Turtle Rock! This stunning 4-bedroom, 3.5-bath
Highlands Garden home offers a rare opportunity in one of Irvine's
most sought-after communities. Perfectly situated on a
single-loaded cul-de-sac, the property features an enclosed
courtyard with beautiful landscaping and elegant brick hardscaping.
The home is Light and Bright throughout! The entry welcomes you
with newer windows and custom double glass entry doors with
sidelights. The living room showcases high beamed ceilings, a cozy
fireplace, and expansive view windows leading to the formal dining
room with spectacular views. The spacious kitchen offers abundant
cabinetry, a skylight, vaulted ceilings, and a breakfast area with
French doors opening to the courtyard. The main-level primary suite
features high ceilings, large windows with breathtaking views, two
oversized closets-including a walk-in-and a spa-inspired bathroom
with a large dual vanity, a soaking tub, and separate shower. Also
on the main level are a large guest bath and a laundry room with
plenty of storage. Downstairs includes a spacious family room with
a fireplace and another balcony area from where to enjoy the
incredible views. There are also three additional
bedrooms-including a second primary suite-plus a hall bath. Nearly
every room captures sweeping, unobstructed views of the hills and
stunning sunsets through expansive custom windows. The home offers
direct access to a 3-car garage with built-in cabinets and a wide
driveway. Each floor has its own updated A/C and furnace. Community
amenities include a pool, spa, parks, and scenic trails.
Conveniently located near Shady Canyon hiking trails, award-winning
Irvine schools, University High School, UCI, Fashion Island, fine
dining, beautiful beaches, and John Wayne Airport.
Unit Size
3,635 Ft²
Days on Market
67 days
Land Size
-
Price per sqft
$770
Property Type
Townhouse
Property Taxes
-
HOA Dues
$1,144
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.
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