$1,375,000
●
Condo -
Off Market
225 Frame
Irvine, CA 92618
3 Beds
2 Baths,
1
Half Bath
2,892 Ft²
$7,403
Est. Monthly
$538
HOA / Fees
3.43%
Cap Rate
About This Property
Exquisite tri-level home located in the highly desirable area of
Cadence Park with an amazing floor plan that perfectly captures the
essence of indoor/outdoor living through its amazing balcony
retreat areas fit for relaxation and entertaining. This detached
condo has many upgraded features to include rich wood flooring,
plantation shutters, crown molding, and ceiling fans throughout.
The kitchen consists of top of the line stainless steel appliances,
beautiful white wood cabinetry, and a sizable island with ample
seating space. Primary bedroom suite includes a large walk-in
closet and a primary bath with dual sink vanities and designer
flooring. Upstairs complete with spacious secondary bedrooms and a
convenient laundry room full of plentiful cabinets for extra
storage space. Enjoy many incredible amenities within close
proximity to community parks, pools, playgrounds, and Irvine
Distinguished Unified Schools.
Unit Size
2,892 Ft²
Days on Market
76 days
Land Size
3.98 acres
Price per sqft
$483
Property Type
Condo
Property Taxes
-
HOA Dues
$538
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #OC25171854)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Price Decreased |
$1,398,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
| Aug 27, 2025 | Price Decreased |
$1,498,000
↓ $100K
(6.3%) | |
| Price Decreased | |||
| Aug 23, 2025 | Price Decreased |
$1,598,000
↓ $100K
(5.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Garage, Paved, Garage Faces Rear, On Street, DoorMulti
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Walk-In Closet(s), Balcony, BreakfastArea, SeparateFormalDiningRoom, QuartzCounters, AllBedroomsUp, BedroomOnMainLevel, WalkInPantry
Appliances: Double Oven, Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave, Water Softener, Tankless Water Heater, Water Purifier, SixBurnerStove
Flooring Type: Tile, Wood
Door Features: Sliding Doors
Laundry Features: Common Area, Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 2892
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Fixer, Updated/Remodeled, Turnkey
Architectural Style: Spanish
Year Built Source: Estimated
Year Built: 2018
Levels: Three Or More
Window Features: Double Pane Windows, Drapes, Insulated Windows, Plantation Shutters, Screens, Shutters
Construction Materials: Brick, Block, Ducts Professionally Air-Sealed, Glass, Concrete, Drywall
Patio and Porch Features: Front Porch, Rooftop
Pool Features: Association
Lot Features: Front Yard, Landscaped, NearPark
Lot Size Area: 173449
Lot Size Units: Square Feet
Lot Size Acres: 3.9818
Lot Size Square Feet: 173449
Tax Lot: 16
Water Source: Public
Utilities Details
Cooling Type: Central Air, Attic Fan
Heating Type: Central, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Dog Park, Maintenance Grounds, Playground, Pool, Sauna, Spa/Hot Tub, Trail(s), BocceCourt, FirePit, OutdoorCookingArea
HOA Fee: $240
HOA Fee Frequency: Monthly
Condo/Coop Fee: $298
Condo/Coop Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/31/2025
| |
3 Bed
|
2 Bath
|
2892 ft²
|
$1,898,000
3 Bed
2 Bath
2892 ft²
|
$1,375,000
-27.56%
10/15/2025
|
Kelly Sletten
Prism Link Properties
|
Building Info
About Orange County Great Park
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Listed by: Nick Nguyen, Prism Link Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25171854
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25171854
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