$610,000
●
House -
Off Market
22902 VIA OCTAVO
Mission Viejo, CA 92691
3 Beds
2 Baths
1,178 Ft²
$987,316
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
GREAT OPPORTUNITY!!! HUGE 9100 SQ FOOT CORNER LOT WITH FRONT VIEW!
JUST REMODELED WITH QUARTZ COUNTER TOPS IN KITCHEN AND BATH
ROOMS, NEW SHAKER CABINETS AND STAINLESS STEEL SINK, SCRAPED
CEILINGS AND NEW PAINT! WHY LOOK AT TOWNHOMES WITH HIGH ASSOCIATION
DUES AND TAXES WHEN YOU CAN BUY THIS WONDERFUL SINGLE FAMILY HOME
WITH A BIG, BIG LOT WITH JUST THE LAKE MISSION VIEJO ASSN FEE OF
JUST $20/MO AND LOW, LOW TAXES! IDEAL LOCATION JUST ONE BLOCK TO
BARCELONA HILLS PARK AND 4 MINUTE DRIVE TO LAKE MISSION VIEJO BEACH
& RECREATION WITH SWIMMING, BOATING, FISHING AND SIX AWESOME
CONCERTS EVERY SUMMER! MOST POPULAR ONE STORY FLOOR PLAN IN TRACT
WITH 3 BIG BEDROOMS AND 2 FULL BATHS, BIG OPEN FAMILY ROOM AND
LIVING ROOM WITH COZY WOOD BURNING FIREPLACE THAT SHOWS LIGHT,
BRIGHT AND BEAUTIFUL!! HURRY ON THIS ONE--PRICED TO SELL
FAST!!
Unit Size
1,178 Ft²
Days on Market
70 days
Land Size
0.21 acres
Price per sqft
$526
Property Type
House
Property Taxes
-
HOA Dues
$20
Year Built
1974
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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: 5 months ago (CRMLS #OC17167116)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2017 | Sold | ||
| Sold | |||
| Jul 21, 2017 | Listed by Berkshire Hathaway HomeService | $620,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Mission Viejo
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ralph Balo, Berkshire Hathaway HomeService
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC17167116
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC17167116
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