$859,000
●
Condo -
Off Market
31 Latitude
Irvine, CA 92618
4 Beds
2 Baths
2,095 Ft²
$1,373,118
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Welcome Home to Primrose at Portola Springs, Awarded Both "Master
Planned Community of the Year" and "Best Community Site Plan." This
Highly Upgraded Residence Plan 3 is a Rare End-Unit, Boasting 2,095
Square Feet of Living Space, Complete with 4 Bedrooms, 3 Baths,
Bonus Loft, and Spacious Side-yard. The First Floor Welcomes Guests
into a Naturally Bright & Open Floor Plan Including Living, Dining
and Gourmet Chefs Kitchen with Stainless Steel Appliances, Granite
Counters, Fully Tiled Back Splash and Custom 5'' Engineered Wood
Flooring. Other Upgrades Include Recessed Lighting & Custom
Plantation Shutters Throughout, Plush Carpet, Closet Built-Ins,
Designer Paint, Modern Light Fixtures, and Custom Landscaping in
the Side Yard. The Home Backs the Magnificent Loma Ridge, Offering
Endless Views of Protected Lush Greenery and Rolling Hills. The 1
Bedroom Downstairs, Spacious Bedrooms, Bonus Loft, and End-Unit
Location Makes this Home One of the Most Sought-After Floor Plans
in Portola Springs! Community Amenities Includes Access to All
Portola Springs Community Centers, Pools, Spas, Tot Lots,
Basketball & Tennis Courts, and BBQ Areas. Don't Miss Your
Opportunity to Own This Beautiful Turn-Key, Solar-Powered, and
Energy Star Qualified Home!
Unit Size
2,095 Ft²
Days on Market
47 days
Land Size
0.03 acres
Price per sqft
$410
Property Type
Condo
Property Taxes
-
HOA Dues
$239
Year Built
2012
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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 #PW17132327)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2017 | Sold | ||
| Sold | |||
| Jun 14, 2017 | Listed by Teles Properties, Inc. | $859,000 | |
| Listed by Teles Properties, Inc. | |||
Property Highlights
Air Conditioning
Fireplace
Garage
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Walk-In Closet(s), SeparateFormalDiningRoom, Attic, BedroomOnMainLevel, Loft, PrimarySuite
Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Tankless Water Heater, Washer, WaterToRefrigerator
Flooring Type: Carpet, Wood
Door Features: Sliding Doors
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Upper Level
Fireplace Features: None
Exterior Details
Square Footage: 2095
Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
Property Condition: Turnkey
Architectural Style: Spanish
Year Built Source: Builder
Year Built: 2012
Builder Name: KB Homes
Builder Model: Residence 3
Levels: Two
Window Features: Double Pane Windows, Drapes, Plantation Shutters, Screens, Shutters, CustomCoverings
Patio and Porch Features: Enclosed, Patio
Pool Features: Community, Association
Lot Features: Back Yard, Corner Lot, Landscaped, Paved, NearPark
Lot Size Area: 1400
Lot Size Units: Square Feet
Lot Size Acres: 0.032
Lot Size Square Feet: 1400
Tax Lot: 52
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Sport Court, Barbecue, Picnic Area, Playground, Pool, Recreation Room, Spa/Hot Tub, Tennis Court(s), CallForRules, FirePit, OutdoorCookingArea
HOA Fee: $105
HOA Fee Frequency: Monthly
Condo/Coop Fee: $134
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 |
|---|---|---|---|---|---|---|---|
|
06/14/2017
| |
4 Bed
|
2 Bath
|
2095 ft²
|
$859,000
4 Bed
2 Bath
2095 ft²
|
$859,000
07/31/2017
|
Chris Kwon
Teles Properties, Inc.
|
Building Info
About Portola Springs
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Listed by: Michel Chiu, Teles Properties, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW17132327
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW17132327
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