26761 Rabida Circle
About This Property
A grand double-door entry opens to an airy, light-filled space with a seamless open floor plan. The neutral, classic palette is complemented by warm wood-toned cabinetry and beautiful flooring. The chef's kitchen features an island with bar seating, quartz countertops, custom cabinetry, a stylish backsplash, and stainless-steel appliances. The kitchen flows effortlessly into the family and living rooms, making it ideal for entertaining. The family room is highlighted by a dramatic floor-to-ceiling tiled fireplace, adding warmth and sophistication.
This well-designed home includes three spacious bedrooms downstairs, perfect for guests or multi-generational living, while two additional bedrooms upstairs offer flexibility for a home office, gym, or playroom. The updated bathrooms feature modern vanities, designer tile, and luxurious showers.
The expansive backyard is ready for customization, with ample space for a pool, outdoor lounge, or lush landscaping. Recent upgrades include a brand-NEW ROOF, a new AC system, luxury flooring, modern fixtures, and energy-efficient windows and sliding glass doors.
Situated in a highly sought-after neighborhood, this home offers NO master HOA fees, no Mello-Roos, and just a small-biannual fee with access to Lake Mission Viejo's premier amenities which include boating, fishing, concerts, and a private beach club. Conveniently located near top-rated schools, parks, shopping, and dining, this move-in-ready home is a rare opportunity in one of Mission Viejo's most desirable communities.
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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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | Listed by eXp Realty of California Inc | $1,699,900 | |
| Listed by eXp Realty of California Inc | |||
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | Listed by Opendoor Brokerage Inc. | $1,286,000 | |
| Listed by Opendoor Brokerage Inc. | |||
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Welcome to this inviting property that exudes warmth and charm. Inside, a cozy fireplace ensures comfort on chilly winter evenings. The neutral color scheme throughout the house adds a serene and elegant atmosphere, while freshly painted interiors bring a sense of newness and vibrancy. In the kitchen, a striking accent backsplash adds a unique design. Recent partial flooring replacements revitalize the home, offering a refreshed feel underfoot. Outside, a spacious covered patio invites outdoor relaxation and provides a peaceful spot for morning coffee. This property harmoniously combines style, comfort, and functionality, providing an exceptional living experience. Don't miss the chance to make this beautiful property your new home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017