$2,400,000
●
House -
Off Market
31 HIDDEN Trail
Irvine, CA 92603
4 Beds
4 Baths,
1
Half Bath
3,754 Ft²
$3,903,518
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
Majestic house nestled within the prestigious community, The
Summit, at Turtle Ridge. This beautiful house sits upon a perfect
viewpoint with stunning view over the ocean, valley, city lights,
and of course, Catalina Island. Various upsides include hardwood
flooring, French-style doors, gourmet kitchen w/ granite counters,
stainless steel kitchen appliances, wine cellar, and a stationary
grill, just to name a few. There are two master bedrooms: first
floor suite includes cozy fireplace, custom built-in TV, and both
master suites include luxurious baths with marble tops, spacious
dressing rooms, and separate showers. Second floor features a
stylish and roomy family room with a built-in TV and a custom
designed wine bar and storage. Each bedroom has its own refurbished
baths and fantastic lighting. Outdoor landscape has been
professionally designed, and the aforementioned barbecue serves as
the perfect setting for the whole family to dine outdoors and enjoy
the magnificent sunset.
Unit Size
3,754 Ft²
Days on Market
200 days
Land Size
0.16 acres
Price per sqft
$665
Property Type
House
Property Taxes
-
HOA Dues
$468
Year Built
2004
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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 (CLAW #17255310)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 12, 2018 | Sold | ||
| Sold | |||
| Jul 27, 2017 | Listed by New Star Realty | $2,495,000 | |
| Listed by New Star Realty | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Turtle Ridge
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Mi Jeong Kim, New Star Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 17255310
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 17255310
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