This home is in the perfect location of the highly sought after
Arbor Lake, a small gated community, within Woodbridge. 2 story
unit with no one above or below you! Located directly across the
street from the lake, sandy beach, pool, and entertainment area.
Home is absolutely gorgeous, move-in ready, and is airy with plenty
of natural light! Fully remodeled kitchen with hardwood cabinets,
granite countertops, stainless steel appliances, large stainless
steel farm sink, recessed lighting, and eat-in breakfast area.
Formal dining room, large living room with fireplace, family room
with built ins opens to private front patio and has direct access
to oversized 2 car garage. Upstairs master suite has vaulted
ceilings, walk-in closet, and a wall of windows with a large
sitting deck are a perfect oasis. Master bath has granite
countertops, large jetted soaking tub, and walk-in shower. New
interior paint and carpet, recessed lighting throughout, new
ceiling fans, whole house fan, water softener, and new water heater
are just a few of the many upgrades in the home! Enjoy the
Woodbridge community lifestyle, where you'll have access to 44
parks, 2 lakes, 24 pools, and the North Lake Beach Club, coupled
with award winning Irvine Unified School District schools.
Centrally located within Orange County, where you can enjoy the
best restaurants, shopping, recreational activities, and sporting
activities around! Homes in this community rarely come on the
market and this home will not last!
Unit Size
2,004 Ft²
Days on Market
16 days
Land Size
-
Price per sqft
$449
Property Type
Condo
Property Taxes
-
HOA Dues
$576
Year Built
-
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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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