Discover this HIDDEN GEM in the heart of Ladera Ranch! Incredible
opportunity to own a detached home with a large private wrap around
yard with sunset views. Located at the back of the highly desirable
neighborhood of Potters Bend, this home has a lot of privacy with
its lush landscaping and floorplan. Built by John Laing, this
Craftsman style home is a Plan 2 "Firelight" model features a
highly desirable layout with a large family kitchen with breakfast
nook plus a separate dining area adjacent to the living room. The
second level is light and bright with a catwalk that leads to a
tech office space on the landing, and a separate laundry room with
a sink and cabinetry. All bedrooms are located on the second level
with a primary suite, two secondary bedrooms, and a full secondary
bathroom situated in the hall for privacy. One of the secondary
bedrooms has two closets for ample storage. You will enjoy the
privacy of the spacious primary suite that is surrounded by mature
trees in the back and views of the hills and sunset. Recently
upgraded kitchen with Quartz countertops, brand new dishwasher and
recently installed new flooring. All bathrooms have been upgraded
with the popular and easy to maintain luxury vinyl flooring. This
home has it all! Privacy, natural light, two car garage with
driveway for additional parking, and a large backyard. Come see why
this Detached Home is a Hidden Gem in a tight knit commnity
Centrally located in Ladera Ranch in the Echo Ridge area of
Ladera where you can walk to schools, pools, shopping and the
popular Founders Park where community events occur throughout the
year. Only 1 HOA, low Mello Roos and a great community to call
home. Ladera Ranch offers 13 community pools, 4 clubhouses, a skate
park, pickleball and tennis courts, excellent schools, disc golf
courses, and lots of hiking and biking trails.
Unit Size
1,710 Ft²
Days on Market
34 days
Land Size
-
Price per sqft
$585
Property Type
Condo
Property Taxes
-
HOA Dues
$334
Year Built
2003
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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.
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