$403,500
●
Condo -
Off Market
305 Tangelo
Irvine, CA 92618
2 Beds
1 Bath
868 Ft²
$597,530
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Popular open floorplan, with 2 bedrooms and LOFT and additional
storage space. The kitchen has GRANITE COUNTER-TOPS and looks out
to the dining and living area which opens to the incredible large
balcony, with a VIEW OF THE WATER. You will love being outside on
the balcony, enjoying the relaxing sound of the water from the
stream below, and watching the ducks swimming by. It really is
peaceful. This condo boasts one of the LARGEST UPPER BALCONIES in
addition to having a LOFT AREA and a spacious storage area. The
Lake Condos community have some of the MOST AFFORDABLE CONDOS IN
IRVINE. Don't miss this one! The condo is centrally located,
and a short distance from Irvine Valley College, Oak Creek Golf
Course, Irvine Spectrum, Great Park, hospitals, and great places to
eat. Water and trash are included in your HOA dues. The community
features 7 tennis courts, basketball courts, swimming pools with
spas. Carport #345. NO MELLO-ROOS.
Unit Size
868 Ft²
Days on Market
27 days
Land Size
-
Price per sqft
$455
Property Type
Condo
Property Taxes
-
HOA Dues
$349
Year Built
-
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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: 5 months ago (CRMLS #OC18206911)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2018 | Sold | ||
| Sold | |||
| Aug 24, 2018 | Listed by Coldwell Banker Res. Brokerage | $395,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Property Highlights
Air Conditioning
Fireplace
Parking Available
With View
Parking Details
Has Carport
Parking Features: Assigned, Carport, Detached Carport
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, Open Floorplan, Balcony, BedroomOnMainLevel, Loft
Appliances: Dishwasher, Gas Cooktop, Disposal, Refrigerator, Range Hood, Dryer, Washer
Flooring Type: Laminate
Door Features: Mirrored Closet Door(s), Sliding Doors
Laundry Features: Inside, Laundry Closet
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 868
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Year Built Source: Assessor
Year Built: 1977
Waterfront Features: Stream
Builder Name: Presley
Builder Model: Plan 5
Levels: One
Pool Features: Association
Lot Features: NearPark
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : SewerTapPaid
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Sport Court, Fitness Center, Playground, Pool, Spa/Hot Tub, Tennis Court(s), Trash, Water
HOA Fee: $300
HOA Fee Frequency: Monthly
Condo/Coop Fee: $49
Condo/Coop Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/24/2018
| |
2 Bed
|
1 Bath
|
868 ft²
|
$395,000
2 Bed
1 Bath
868 ft²
|
$403,500
+2.15%
09/20/2018
|
Debbie Sagorin
Coldwell Banker Realty
|
Building Info
About Oak Creek
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Listed by: Debbie Sagorin, Coldwell Banker Res. Brokerage
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18206911
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18206911
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