1
Map
$1,210,000
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House -
Off Market
22761 Corralejo
Mission Viejo, CA 92692
4 Beds
3 Baths
2,978 Ft²
$1,903,059
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
SPECTACULAR PANORAMIC LAKE VIEWS! Absolutely gorgeous and inviting
backyard with pool & spa, waterfall, and fire pit is perfect for
soaking in the California sun and perfect for entertaining!
Spacious open floor plan is light and bright with views throughout
with a formal living and dining room, family room, gourmet kitchen
& breakfast nook, private and spacious master suite, and three
additional bedrooms. The master suite opens up to a private balcony
with picturesque lake views and catch gorgeous sunsets up there!
Situated on a private, single-loaded cul de sac street, steps
away from the lake, North Beach, and conveniently located near
shopping centers, lakeside dinning, and parks. Perfectly situated
to face North Beach, enjoy the concerts and fireworks at the lake
from your backyard! Lake Mission Viejo membership with access to
boating, fishing paddle boarding, swimming, summertime concerts,
movies, holiday festivities & 4th of July firework extravaganza!
Unit Size
2,978 Ft²
Days on Market
90 days
Land Size
0.14 acres
Price per sqft
$420
Property Type
House
Property Taxes
-
HOA Dues
$76
Year Built
1980
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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: 5 months ago (CRMLS #OC18044868)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2018 | Sold | ||
| Sold | |||
| Feb 28, 2018 | Listed by Coldwell Banker Res. Brokerage | $1,249,880 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
HOA + Taxes
About Mission Viejo
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Scott Arnott, Coldwell Banker Res. Brokerage
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18044868
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18044868
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