Back on Market! HURRY - SOLD in 3 DAYS the first time around! Buyer
failed to perform. Gorgeous Model-Like DETACHED home in the
beautiful community of Los Arboles in Portola Springs. Prime
location at the END of a CUL-DE-SAC with NO HOMES BEHIND for
ultimate privacy! Enter through the gated entrance to an open
formal courtyard. Inside the home, you will love the spectacular
OPEN FLOORPLAN with rich wood flooring, beautiful arches,
plantation shutters, and wall of windows adorning the Great Room
and Kitchen. Gourmet Chef's kitchen features upgraded
cabinetry, Granite countertops, stainless steel appliances, and a
huge island overlooking the Backyard and Great Room. Great Room
features a cozy fireplace, surround sound, and built-in media
cabinets. Escape upstairs to find 3 spacious bedrooms PLUS
LOFT, and 2 upgraded baths. Luxurious MASTER SUITE and
expansive spa-like bath boasts a large walk-in closet, while both
spacious secondary bedrooms at the other end share an upgraded
bath. Spacious loft at the top of the stairs is perfect as a
separate study and has convenient access to an outdoor balcony.
Additional features include separate LAUNDRY room with sink,
cabinets above, and closet. You will love the 2-car garage with
epoxy flooring and overhead storage racks. Entertain outdoors in
the PRIVATE BACKYARD, complete with built-in FIREPLACE, stone
seating, mature trees and no neighbors behind! Zoned for
award-winning Irvine Unified schools. Close to HOA amenities and
shopping!
Unit Size
2,071 Ft²
Days on Market
65 days
Land Size
-
Price per sqft
$434
Property Type
Condo
Property Taxes
-
HOA Dues
$242
Year Built
2005
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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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