Welcome to our rare premier lot Sterling residence 2 home curated
by Tri Pointe Homes. A one of a kind contemporary retreat that
offers 3 Bedrooms (One Main Level Bedroom & Full Bathroom), 3.5
Bathrooms, and plenty of natural sunlight. Comprising of 1,790 SqFt
of interior living space, the home features tasteful interior
elements including high ceilings, Vinyl woodlike flooring, open
concept living, upgraded carpeting, upgraded window coverings,
multiple J-Boxes, and recessed lighting. Greeted by a highly
upgraded kitchen with quartz countertops, grey subway tile
backsplash, kitchen island, and high-end stainless steel
appliances. Enjoy luxury amenities exclusive to Great Park
residents. Parks, pools, barbecue, picnic areas, dog parks sport
Court, and walking/biking Trails all surrounding a California
coastal living concept. The Great Park is home to the award-winning
Irvine Unified School District and minutes from the highly sought
out Woodbury Shopping Center, Irvine Spectrum Center, Kaiser
Permanente, John Wayne Airport, 5 FWY, 133 & 241 Toll Roads, and
Irvine Metro Link Train Station.
Unit Size
1,790 Ft²
Days on Market
106 days
Land Size
-
Price per sqft
$411
Property Type
Condo
Property Taxes
-
HOA Dues
$404
Year Built
2018
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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.
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