Welcome to this light-filled, inviting home in one of the best
locations in the Stonegate Village community. Meander along the
lushly landscaped walkway to this popular, rarely on the market,
Plan 2 in the Santa Maria neighborhood. An expansive great room
exudes comfort and style, perfect for gatherings and features
wood flooring, custom plantation shutters, and access to a private
atrium with a convenient gas stub for a BBQ hook-up.The kitchen has
granite countertops, a large center island with dual sinks, crisp
white cabinetry and ample storage. Additional features include
under-cabinet lighting, stainless steel appliances including gas
stove with hood, built-in microwave, dishwasher with stainless
steel interior and a refrigerator. The main floor hallway leads to
a powder room with access to extensive storage space under the
stairs. Upstairs you'll be greeted by brand new carpet and an ideal
office area featuring a large light enhancing window with custom
shutters, a built-in desk, storage shelves, and a file cabinet. The
upper hall offers a full bank of storage cabinets and a closet
housing a full-size stackable washer and dryer. The home features
two primary bedrooms for ultimate privacy and comfort. The junior
suite includes lots of windows, a ceiling fan, built-in TV and a
shower/tub in the bathroom. The primary suite has a coffered
ceiling, ceiling fan, and a walk-in closet with a window and
beautiful dark wood closet organizers. The primary bath boasts a
large relaxing soaking tub with an exterior window, a walk-in
shower with clear glass surrounds, a vanity with dual sinks, and a
separate privacy commode room. The oversized garage boasts epoxy
flooring, a workstation with drawers, a large custom storage
cabinet and a window for extra light. It also includes an electric
vehicle charging outlet, a tank-less water heater and a whole-house
water softener. Located in the prestigious Irvine Village of
Stonegate, this home offers fantastic access to parks, the Jeffrey
Walking Trail, and Woodbury Town Center for shops, restaurants,
groceries, and entertainment. Conveniently close to freeways and
toll roads, this home is at the heart of Orange County, surrounded
by top-rated schools. Experience the best of Irvine living in this
move-in ready and welcoming home!
Unit Size
1,538 Ft²
Days on Market
38 days
Land Size
-
Price per sqft
$825
Property Type
Condo
Property Taxes
-
HOA Dues
$387
Year Built
2012
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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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