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23 Mahogany
About This Property
Grand Living & Dual Kitchen Layout: Step through the private front gate into an extended driveway that leads to a 3-car garage with skylight - ideal as a home gym or workshop. Inside, soaring two-story ceilings in the living room create an immediate sense of grandeur. The home features a dual kitchen configuration with a gourmet kitchen and a separate wok kitchen, perfect for everyday living and entertaining alike. The formal dining room, family entertainment room, and breakfast nook offer exceptional versatility.
First-Floor Guest Suite: A private downstairs bedroom with full bath is ideal for guests, multi-generational living, or a home office, providing both comfort and flexibility.
Exceptional Second-Floor Layout: The spacious primary suite is accessed through elegant double doors and includes a dedicated retreat area, dual walk-in closets, and a luxurious master bath - a true private sanctuary. Two additional en-suite bedrooms and a separate study/optional bedroom (per floor plan) complete the upper level, offering a rare configuration of multiple private baths upstairs.
Maximum Privacy - No Rear Neighbors: The backyard enjoys a premium lot position with no rear neighbors, offering exceptional privacy and tranquility - a feature increasingly rare in Irvine's built-out neighborhoods.
Expansion Potential: The builder's original floor plan includes an option to add a 6th bedroom suite above the garage with private staircase (per builder plan). The infrastructure is already in place - making future expansion highly valuable.
Move-In Ready: Freshly refreshed inside and out with new interior and exterior paint throughout. This home is truly turnkey and ready for its next chapter.
Community & Location: Enjoy low HOA dues with resort-style amenities including a community pool and clubhouse just steps away. Northwood Pointe is also home to one of Irvine's rare urban trails - a scenic recreational path connecting Irvine and Tustin, perfect for walking, running, and cycling. Served by award-winning Irvine Unified schools. Ideal for owner-occupants and investors.
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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 |
|---|---|---|---|
| Jun 10, 2026 | Price Increased |
$3,460,000
↑ $470K
(15.7%) | |
| Price Increased | |||
| May 15, 2026 | Listed by Latitude 33 Real Estate | $2,990,000 | |
| Listed by Latitude 33 Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017