Come see the allure of this home and all that Portola Springs
offers. Dramatic archways and the tranquil atrium welcomes
guests as they enter. Great room is is inviting with a cozy
fireplace that opens out to an entertainer's kitchen. Open
concept kitchen with spacious center island, counter space, and
tons of cabinet space gives any entertainer or cook the space they
need. Enjoy SS appliance and a separate eating nook.
Well appointed floor plan offers a formal dining room that
perfectly suited for anything you need including a music room or
library if that's the space you desire. Highly sought after
main floor living room can converted as of 5th room. Upstairs
you are welcomed to a tranquil place to relax in the other
bedrooms. Well appointed master suite with a balcony.
Luxurious master bath with 2 vanities, oversized soaking tub,
separate shower, and walk in closet. All the bathrooms boasts
granite vanity tops, and extensive travertine on floors and
showers. Upgrades include wood floors, travertine floors,
plantation shutters, recessed lights, and so much more. Ample
backyard to relax and and enjoy al fresco meals in the summer.
The fountain offers a peaceful ambiance. Portola
Springs offers residents everything they need including: three Jr.
Olympic swimming pools, wading pools, a lap pool, and outdoor spas;
community clubhouses, multiple sport courts, and beautifully
designed playgrounds. Attend highly coveted Irvine Unified
Schools!
Unit Size
2,674 Ft²
Days on Market
69 days
Land Size
0.09 acres
Price per sqft
$389
Property Type
Condo
Property Taxes
-
HOA Dues
$273
Year Built
2007
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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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