Indulge in luxury-one of Southern California's last guard-gated
coastal Irvine destinations, Laguna Altura-Our CORNER LOT San Remo
Collection Residence 3 "Tuscan" is Laguna Altura's Most Highly
Sought after floor plan and features 4BD (one main level) 3BA, a
Tower Room with elevated ceilings, and approx. 2,075 Sq. Ft of
decadent interior indulgence! The home offers uncommon experiences
at every turn "Walnut Polished Chestnut" Hardwood Flooring, Fiesta
Sisalweave Collection Carpeting, Custom Fitted Plantation Shutters,
Recessed Lighting, Downstairs Bedroom, and Elevated Upstairs
Bedroom with High-Vaulted Ceilings! Chef-inspired Gourmet Kitchen
with "Desert Limestone" Cesarstone Countertops and Backsplash,
Light Cabinetry ALL Whirlpool and KitchenAid Stainless Steel
Appliances! A Lifestyle Opportunity for Outdoor Living-Private
Corner Lot Location, Outdoor California Room, Artificial Turf, and
Professional Hardscape! Enjoy world-class amenities exclusive
to residents --parks, full court basketball, junior olympic pool,
spa, clubroom, and BBQ picnic destinations. Award-winning Irvine
unified school district (zoned University High), and just minutes
from dining destinations at the Irvine Spectrum Center, Quail Hill
Shopping Center, John Wayne Airport, Kaiser Permanente, Laguna
Beach, and connecting freeways (I-405, I-5, 73, & 261)!
Unit Size
2,075 Ft²
Days on Market
102 days
Land Size
0.07 acres
Price per sqft
$612
Property Type
Condo
Property Taxes
-
HOA Dues
$280
Year Built
2012
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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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