261 Tangelo #356
About This Property
The manager has listed the unit size as 814 square feet.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 15, 2024 | No longer available | - | |
| No longer available | |||
| Nov 11, 2024 | Listed | $680,000 | |
| Listed | |||
| | |||
|
Welcome to 261 Tangelo Irvine CA 92618! Rare gem property for small family or investor in a highly demanded city of Irvine. Newly upgraded and remodeled Kitchen, bedroom and bathroom. Excellent location and easy access to IVC and UCI, Irvine Unified schools, shopping centers and restaurants. The community has all you need to fit your lifestyle with 2 pools and spas, 6 lighted tennis courts, basketball court, gym and clubhouse.
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| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Jul 30, 2021 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/11/2024
|
2 Bed
|
1 Bath
|
814 ft²
|
$680,000
2 Bed
1 Bath
814 ft²
|
$680,000
01/17/2025
|
Cassey Ta
JC Pacific Capital Inc.
| |
|
07/11/2021
|
1 Bed
|
1 Bath
|
814 ft²
|
$430,000
1 Bed
1 Bath
814 ft²
|
-
-
|
Thomas Murray
eXp Realty of California, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017