306 Merit
About This Property
This detached home is perfect for those seeking privacy, with no shared walls, its own front yard, and a spacious side yard ideal for outdoor activities and gatherings. Built just two years ago, the property is in immaculate condition, featuring an open-concept living room with no unnecessary partitions, creating a bright and inviting atmosphere. The kitchen is a chef's dream, equipped with top-of-the-line appliances, premium upgrades, and smart remote-control capabilities. On the first floor, you'll find a convenient guest powder room, while all four generously sized bedrooms are located on the second floor. The master suite includes a walk-in closet and offers stunning views of Portola High School.
Living here means unparalleled convenience for families. Children can walk to the highly-rated Solis Park K-8 school and Portola High is right across the street. The Great Park community is rapidly evolving, with plans for new amenities like hotels, shopping promenades, artificial lakes, and more, making this property not only an ideal home for families raising children in Irvine but also a smart investment with tremendous potential for appreciation.
Don't miss this opportunity to live in one of Irvine's most sought-after neighborhoods. Schedule your private tour today!
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Cap Rate Calculator
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 14, 2025 | Sold | ||
| Sold | |||
| Nov 6, 2024 | Listed by Keller Williams Realty Irvine | $1,920,000 | |
| Listed by Keller Williams Realty Irvine | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/06/2024
| |
4 Bed
|
4 Bath
|
2466 ft²
|
$1,920,000
4 Bed
4 Bath
2466 ft²
|
$1,900,000
-1.04%
04/14/2025
|
Eunyoung Kim
Keller Williams Realty Irvine
|
|
08/23/2022
| |
4 Bed
|
4 Bath
|
2452 ft²
|
$1,459,990
4 Bed
4 Bath
2452 ft²
|
-
-
|
Cesi Pagano
Keller Williams Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017