Welcome to 31 Tangerine, a beautifully renovated 2-bedroom,
2-bathroom detached single-family home located in Irvine's
desirable Orangetree community. Thoughtfully updated throughout,
this move-in-ready residence blends modern finishes, comfortable
living, and an exceptional location Step inside to a light and
inviting interior featuring luxury vinyl plank flooring and a
fresh, contemporary feel. The remodeled kitchen is a standout,
showcasing crisp shaker cabinetry, quartz countertops, stainless
steel appliances, and ample storage and workspace for everyday
living and entertaining. Both bathrooms have also been tastefully
upgraded with modern vanities, fixtures, and finishes for a clean,
polished look. Outside, enjoy a large private yard with plenty of
room for outdoor dining, entertaining, gardening, pets, or simply
relaxing in your own peaceful space. The desirable end-unit
location provides abundant natural light and a greater sense of
privacy and openness, without neighboring homes situated directly
alongside. A full-size 2-car garage provides generous parking and
valuable additional storage. Residents of Orangetree enjoy an
impressive collection of community amenities, including multiple
pools and spas, six lighted tennis courts, basketball courts, a tot
lot, clubhouse, fitness center, and beautifully maintained green
spaces throughout the neighborhood. With low HOA dues and taxes, a
detached floor plan, extensive interior renovations, and access to
the award-winning Irvine Unified School District, this home offers
an outstanding combination of value, lifestyle, and convenience.
Ideally situated near shopping, dining, parks, recreation,
employment centers, and major transportation routes, enjoy all the
best Irvine has to offer.
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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