PREMIUM CORNER LOT LOCATION HOME WITH NO HOMES DIRECTLY IN FRONT
JUST STEPS TO SOLIS K-8 AND PORTOLA HIGH! Embark on an Endless
Journey of Discovery at Irvine's Orange County Great Park – Your
Ultimate Arts and Sports Oasis! Enjoy a diverse range of
expert-driven experiences, including the majestic Orange Air
Balloon, the cool thrills of Great Park Ice Arena, hands-on fun at
the Farm and Food Lab, action-packed Sports Complex, live
entertainment at Five Points Amphitheater, and much more! Our
Premier "Bolero" Collection Residence 2B at Rise was built by
Lennar offers 4BD (One Main Level) 3.5BA (One Main Level), Sliding
Door Access to 2nd Floor Private Deck, Private Front Porch and
approximately 2,173 Sq. Ft of Decadent Interior Living Space! The
home features Bamboo Wood Flooring, LED Recessed Lighting, Custom
Fitted Window Shades, Ceiling Fans, White Shaker Door Cabinets, and
ATTACHED 2-CAR Garage! Chef-Inspired Gourmet Kitchen with Quartz
Countertops, Backsplash, Expansive Kitchen Island, White Shaker
Door Cabinetry, and ALL Stainless-Steel Appliances! Enjoy
world-class amenities exclusive to Great Park residents -- 5 parks,
3 full court basketball courts, tennis courts (25 courts +
championship court) 2 junior Olympic pools, 4 spas, 3 club rooms,
BBQ picnic destinations at every park and one greenhouse.
Award-winning Irvine unified school district (zoned Portola High
School & Solis K-8) and just minutes from dining destinations at
the Woodbury Shopping Center, Five Points Amphitheater Irvine
Spectrum, John Wayne Airport, Kaiser Permanente, and nearby
connecting freeways ( I-5, 405, 241, 133, & 73)!
Unit Size
2,173 Ft²
Days on Market
53 days
Land Size
0.07 acres
Price per sqft
$598
Property Type
Condo
Property Taxes
-
HOA Dues
$565
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.
Interior Features: Breakfast Bar, Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s), Balcony, SeparateFormalDiningRoom, LivingRoomDeckAttached, QuartzCounters, Unfurnished, BedroomOnMainLevel, PrimarySuite
Appliances: Built-In Range, Convection Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Tankless Water Heater, WaterToRefrigerator
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