Listed by: Yiming Yu, Realty One Group West
$2,100,000
●
Condo -
Off Market
248 maricopa
Irvine, CA 92618
4 Beds
3 Baths,
1
Half Bath
2,420 Ft²
$10,570
Est. Monthly
$258
HOA / Fees
3.40%
Cap Rate
About This Property
Mountain and City View at 2nd floor Master ROOM. Brand New homes in
Portola Spring. 4 bedrooms all upstairs layout. Two story modern
high-ceiling design in staircase, bright and wide, The home
includes upgraded wood floors at 1st floor, upgraded carpets at 2nd
floor, kitchen cabinets all the way to the ceiling , quarts
countertops and bathroom shower tile and sliding glass doors all
the way to the backyard with clean fit yard design already finish,
ready to move in. Enjoy the beautiful view of the city of Irvine. A
must see home in Portola Spring.
Unit Size
2,420 Ft²
Days on Market
101 days
Land Size
0.08 acres
Price per sqft
$868
Property Type
Condo
Property Taxes
-
HOA Dues
$258
Year Built
-
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #OC24242584)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2025 | Sold | ||
| Sold | |||
| Feb 2, 2025 | Price Decreased |
$2,100,000
↓ $80K
(3.7%) | |
| Price Decreased | |||
| Feb 2, 2025 | In contract | - | |
| In contract | |||
| Dec 2, 2024 | Listed by Realty One Group West | $2,180,000 | |
| Listed by Realty One Group West | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 4
Full Bathrooms: 2
Half Bathrooms: 1
Bathrooms on Main Level: 1
Levels: Two
Interior Features: Breakfast Bar, Separate Formal Dining Room, High Ceilings, Multiple Staircases, Open Floorplan, Quartz Counters, Recessed Lighting, Two Story Ceilings, All Bedrooms Up
Appliances: Six Burner Stove, Dishwasher, Gas Cooktop, Gas Range, Microwave, Water Heater
Flooring Type: Carpet, Wood
Laundry Features: Laundry Room
None
Exterior Details
Year Built: 2024
Home Type: Residential
Structure Type: House
Spa Features: Association, Community
Pool Features: Community, Association
Lot Size Source: Estimated
Lot Size Acres: 0.0803
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
Association Amenities: Sport Court, Fire Pit, Outdoor Cooking Area, Barbecue, Pool, Sauna, Spa Hot Tub, Tennis Courts
Association Fee: $258
Association Fee Frequency: Monthly
Community Features: Biking, Mountainous, Park, Street Lights, Sidewalks, Urban, Pool
Subdivision: arbor
High School: Portola
High School District: Irvine Unified
Subdivision Name: arbor
Directions: portola spring
Other Details
Listing Terms: Cash, CashToExistingLoan, CashToNewLoan
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/02/2024
| |
4 Bed
|
3 Bath
|
2420 ft²
|
$2,180,000
4 Bed
3 Bath
2420 ft²
|
$2,100,000
-3.67%
03/13/2025
|
Yiming Yu
Realty One Group West
|
Building Info
About Portola Springs
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Listed by: Yiming Yu, Realty One Group West
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24242584
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24242584
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