$1,900,000
●
House -
Off Market
34 Westlake
Irvine, CA 92602
5 Beds
4 Baths
4,000 Ft²
$3,094,002
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
Home Sweet Home...Great Location & BEAUTIFUL home in the prestigious
24-hour guard gated Northpark Community. The home situated on a
prime interior tree-lined greenbelt. Approximately 4,000
square foot home features a spacious and functional floor plan with
5 bedrooms, 4 bathrooms, and 3 car garage. One bedroom plus full
bath on main floor. Private gated entry through courtyard with
water fountain. Formal dining and sitting rooms open into the
courtyard with French doors. Remodeled spacious gourmet kitchen
with walk-in and butler pantries, large center island, Calacata
Gold marble countertop, hardwood cabinetry and top brand
appliances. Imported Italian porcelain through kitchen and family
room floors. Large family room with built-ins and fireplace. Large
private backyard with mature landscaping, built-in BBQ, and
fireplace. Spacious master suite upstairs with master bath, dual
mirrored vanities, separate shower, soaking tub, and his & hers
walk-in closet. Beautiful upgraded hardwood floors, neutral
carpeting and paint throughout. NEW water heater, and NEW A/C.
Northpark community offers 5 pools, 6 parks, sports courts, tennis
courts, clubhouse, tot lots and walking trails. Walking
distance to shopping center and award winning schools. MUST SEE to
appreciate ALL extras this home has to offer. LOW HOA dues,
LOW Mello-Roos, & LOW tax rate!!! Check out 3D Matterport
video...
Unit Size
4,000 Ft²
Days on Market
28 days
Land Size
0.15 acres
Price per sqft
$500
Property Type
House
Property Taxes
-
HOA Dues
$176
Year Built
2002
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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: 4 months ago (CRMLS #OC18039427)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Nov 3, 2021 | In contract | - | |
| In contract | |||
| Oct 30, 2021 | Listed by REMAX Edge | $2,250,000 | |
| Listed by REMAX Edge | |||
| | |||
|
One of the best home in the prestigous 24-hour guard gated Northpark Community. Grand floor plan with formal entry and court yard. Master bedroom, living room, kitchen and yard are south facing and enjoys the sun all day long. Home backs to a greenbelt with no neighbors in the back. Remodeled gourmet kitchen with large center island, Calacata Gold marble countertop, hardwood cabinetry, walk-in and butler pantries. Five bedrooms, four bathrooms and three car garage for your enjoyment. First floor bedroom with full bath. Italian porcelain used throughout kitchen and family room. Spacious master and master bathroom. Upgraded hardwood floors throughout rest of the home. Northpark offers five pools, several more parks and sport courts for everyone to enjoy. Very low tax rate and HOA dues compare to other newer developments. This home is literally the crown jewel of Northpark. The manager has listed the unit size as 3976 square feet.
| |||
| Jul 6, 2020 | No longer available | - | |
| No longer available | |||
| Jul 5, 2020 | Relisted | $2,050,000 | |
| Relisted | |||
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Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lower Peters Canyon
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Listed by: Carol Ko, Realty One Group Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18039427
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18039427
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