Listed by: Dalileh Sajjadi, First Team Real Estate
$1,320,000
●
House -
Off Market
28272 Driza
Mission Viejo, CA 92692
3 Beds
2 Baths
2,297 Ft²
$6,397
Est. Monthly
$116
HOA / Fees
3.93%
Cap Rate
About This Property
If you're searching for a single-story home in a prime Mission
Viejo location, only a few blocks from the lake, this is the one
for you. This home features a beautiful and functional layout and
is nestled in a desirable neighborhood within walking distance of
Lake Mission Viejo. The sellers have meticulously maintained the
property for many years. Although some updates may be needed, the
home offers a great living space with immense potential for a new
owner willing to put in some work. With three spacious bedrooms and
two bathrooms, the large primary bedroom features a spacious en
suite bathroom, a walk-in closet, and direct backyard access
through sliding doors where you can enjoy the tranquility of a
private backyard overlooking a peaceful community setting. With
Lake Mission Viejo access, you can soak in the sun on the beach,
enjoy fireworks, concerts, boat rentals and more. Homes like
this are rarely available-don't miss your chance to make it yours
today!
Unit Size
2,297 Ft²
Days on Market
20 days
Land Size
0.13 acres
Price per sqft
$557
Property Type
House
Property Taxes
-
HOA Dues
$116
Year Built
1980
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #OC24215886)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by First Team Real Estate | $1,279,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Mission Viejo
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Listed by: Dalileh Sajjadi, First Team Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24215886
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24215886
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