$585,000
●
Condo -
Off Market
229 Springview
Irvine, CA 92620
2 Beds
1 Bath
809 Ft²
$3,238
Est. Monthly
$365
HOA / Fees
6.02%
Cap Rate
About This Property
Welcome to 229 Springview. This beautiful downstairs Condo is in
the Heart of Irvine and nestled in the desirable Northwood
neighborhood. The Springs community offers a perfect mix of modern
and tranquil living. 229 offers 2 bedrooms of ample size, 1 full
bathroom and large living area.The Springs community offers
exceptional amenities, including two pools, a relaxing spa, a
stylish clubhouse, tennis courts, and beautifully maintained
landscaping. HOA fees cover essential services such as trash
removal, central heating, and hot/cold water. This prime location
ensures easy access to the pool, spa, and clubhouse, while also
being conveniently situated near top-rated schools, shopping
centers, dining options, and parks. YOU DON'T WANT TO MISS THE
OPPORTUNITY OF OWNING this condo in the heart of Irvine!
Unit Size
809 Ft²
Days on Market
33 days
Land Size
1.77 acres
Price per sqft
$723
Property Type
Condo
Property Taxes
-
HOA Dues
$365
Year Built
-
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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 #PW25048691)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | Listed by ReMax Tiffany Real Estate | $585,000 | |
| Listed by ReMax Tiffany Real Estate | |||
Property Highlights
Fireplace
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, AllBedroomsDown
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Laundry Features: Common Area
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 809
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1977
Levels: One
Pool Features: Community, Association
Lot Size Area: 77220
Lot Size Units: Square Feet
Lot Size Acres: 1.7727
Lot Size Square Feet: 77220
Tax Lot: 5
Water Source: Public
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Wall Furnace
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Pest Control, Sewer
HOA/Condo/Coop Amenities: Fitness Center, Pool, Spa/Hot Tub, Tennis Court(s), Trash, Water, MaintenanceFrontYard, PetsAllowed
HOA Fee: $365
HOA 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 |
|---|---|---|---|---|---|---|---|
|
04/03/2025
| |
2 Bed
|
1 Bath
|
809 ft²
|
$585,000
2 Bed
1 Bath
809 ft²
|
$585,000
05/09/2025
|
Delight Sittman
ReMax Tiffany Real Estate
|
Building Info
About Northwood
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Listed by: Delight Sittman, ReMax Tiffany Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25048691
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25048691
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