22902 Dune Mear Road
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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 |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Pacific Sotheby's Int'l Realty | $1,235,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Discover the epitome of California living at 22902 Dune Mear, a single-level, single-family home that offers a harmonious blend of comfort and outdoor luxury. This 3-bedroom, 2-bathroom haven is perfectly situated near the local elementary school in the heart of Lake Forest, CA, making it an ideal choice for families. As you step onto the property, you’re greeted by a vast lot that boasts a lush grassy area, perfect for play or relaxation. The expansive patio invites alfresco dining and leisure, while the private pool promises endless summer fun and a refreshing escape from the everyday hustle. Inside, the home welcomes you with an open and airy floor plan that seamlessly connects living spaces, ensuring a natural flow for both entertaining and daily life. The bedrooms offer tranquility and rest, with the master suite featuring an en-suite bath for added privacy. Embrace the opportunity to make 22902 Dune Mear your new address, where life’s moments are celebrated, and memories are made. Living in Lake Forest means embracing a lifestyle where education, safety, and community come together amidst the beauty of Southern California. 22902 Dune Mear is located in the Saddleback Valley Unified School District. Living in the heart of Lake Forest offers over 30 parks and close proximity to an abundance of activities, shopping and dining options, as well as an easy commute to Southern California’s finest beaches, John Wayne Airport and Disneyland.
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| May 28, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017