28 Abeto
About This Property
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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 |
|---|---|---|---|
| Apr 8, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | Listed by Coldwell Banker Platinum Prop | $1,998,000 | |
| Listed by Coldwell Banker Platinum Prop | |||
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28 Abeto is located in the heart of world famous Irvine and within the top two high schools in all of Orange County! Surrounded by National Blue Ribbon award winning elementary (Santiago Hills), middle(Sierra Vista)and high schools(Northwood), all located within 1 mile, makes this home one of the best real estate investments. 28 Abeto's specific location is even better with a private corner lot, a walking path behind the backyard leading to the community pool, spa, tennis courts and children's play lot, adding even more value. The floor plan, featuring 4 bedrooms, 2.5 baths in approximately 2,400 square feet on an almost 5,500 square feet lot, is light bright with cathedral ceilings over the living and dining rooms. In addition to a central kitchen that over looks a step down family room, and being a corner lot allows an abundance of natural morning sunlight. The upstairs features 3 oversized secondary bedrooms with room for en suite desks and an exquisite private master suite. The community of Northwood is one of the most historic and well designed enclaves in all of Irvine. Northwood is a perfect location between the 5 freeway and the 241/261 with easy access to the beach and inland empire. Please see attached list of specific upgrades.
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| Apr 30, 2019 | Sold | ||
| Sold | |||
| Mar 19, 2019 | Listed by First Team Real Estate | $1,098,880 | |
| Listed by First Team Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017