Listed by: Chris Shepard, Nationwide Capital Group, Inc
$1,270,000
●
House -
Off Market
23301 Downland Road
Lake Forest, CA 92630
4 Beds
2 Baths
1,955 Ft²
$6,609
Est. Monthly
$225
HOA / Fees
5.10%
Cap Rate
About This Property
NEW! NEW! NEW! Remodel just completed. The following items are new:
vinyl plank flooring, range, faucets, recessed light fixtures
, some windows, new paint inside, interior doors and hardware etc.
etc. newer cabinets and granite countertops. Remodeled
bathrooms. Shows like a model.
Welcome to this charming single-story home nestled in a tranquil cul-de-sac, where comfort seamlessly blends with classic mid-century modern charm.
Upon entry, you'll be greeted by the airy feel of vaulted and beamed ceilings that enhance the spaciousness of the open floor plan. Natural light enhances the warmth. Adjacent to the kitchen, the family room offers a comfortable retreat for relaxation. Membership to the Beach and Tennis club offers many amenities including swimming pools, and a lagoon. Sport courts including tennis, volleyball, basketball, and more! Conveniently located close to shopping, dining, parks, and schools.
Welcome to this charming single-story home nestled in a tranquil cul-de-sac, where comfort seamlessly blends with classic mid-century modern charm.
Upon entry, you'll be greeted by the airy feel of vaulted and beamed ceilings that enhance the spaciousness of the open floor plan. Natural light enhances the warmth. Adjacent to the kitchen, the family room offers a comfortable retreat for relaxation. Membership to the Beach and Tennis club offers many amenities including swimming pools, and a lagoon. Sport courts including tennis, volleyball, basketball, and more! Conveniently located close to shopping, dining, parks, and schools.
Unit Size
1,955 Ft²
Days on Market
46 days
Land Size
0.12 acres
Price per sqft
$665
Property Type
House
Property Taxes
-
HOA Dues
$225
Year Built
1968
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #OC24254181)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Dec 25, 2024 | Listed by Nationwide Capital Group, Inc | $1,299,990 | |
| Listed by Nationwide Capital Group, Inc | |||
Property Highlights
Garage
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 Lake Forest
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Chris Shepard, Nationwide Capital Group, Inc
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24254181
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24254181
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017