A refined and elegant, warm and comfortable modern-style detached
home. Located in the highly acclaimed 24-hour guard-gated community
of North Park in Irvine, this cozy residence meets the needs of
modern small families with its brand-new renovations and high-end
appliances, offering convenience in daily life. The open floor plan
seamlessly connects the living room, dining area, kitchen, and
small courtyard while maintaining distinct functionalities to suit
family needs. Upon entering, you are greeted by a cozy fireplace
and high ceilings in the living room, with ample natural light from
numerous windows on the first floor. The brand-new quartz
countertops, complemented by custom cabinets with contrasting
colors and gold handles, along with 48-inch large tiles, enhance
the small space with a sense of design aesthetic. From the kitchen,
sliding doors lead to the outdoor courtyard, where the small yard
blends harmoniously with the community's greenery, offering a
comfortable green view. The oversized garage features brand-new
epoxy flooring and garage paint. Despite its small size, every room
is well-appointed, and upstairs you'll find a small loft/study
area. The laundry room conveniently located upstairs. The master
bedroom includes a walk-in closet, a bathroom with separate bathtub
and shower, a floating vanity, and stylish lighting. Each room
boasts plenty of windows for excellent natural light.
Unit Size
1,716 Ft²
Days on Market
17 days
Land Size
-
Price per sqft
$962
Property Type
Condo
Property Taxes
-
HOA Dues
$534
Year Built
1999
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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.
Parking Features: Door Single, Garage, Garage Faces Side
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Bathrooms on Main Level: 1
Levels: Two
Interior Features: Builtin Features, Ceiling Fans, Quartz Counters, Recessed Lighting, All Bedrooms Up, Walk In Closets
Appliances: Convection Oven, Dishwasher, Exhaust Fan, Free Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Water Heater
Outdoor Living Structures: Front Porch, Patio, Porch
Spa Features: Association, Community
Pool Features: Community, Association
Lot Information: Corner Lot, Landscaped
Lot Size Source: Other
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air, Dual
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location Details
Association Amenities: Clubhouse, Controlled Access, Sport Court, Dog Park, Fire Pit, Management, Maintenance Front Yard, Outdoor Cooking Area, Other Courts, Barbecue, Picnic Area, Playground, Pool, Guard, Spa Hot Tub, Security, Tennis Courts
Association Fee: $274
Association Fee Frequency: Monthly
Association Fee2: $260
Association Fee2 Frequency: Monthly
Community Features: Storm Drains, Street Lights, Sidewalks, Gated, Pool
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