Discover elevated living in this sought after corner location in
Portola Springs. With an expansive 2,125 square foot open floor
plan, this home exudes modern elegance and privacy. This
beautifully upgraded home features 4 bedrooms, one of which is on
the first floor, 3 full baths, a warm color palette, and an
expansive backyard with views of Treetop Park. The kitchen, a
chef's dream, is outfitted with premium Thermador & Bosch
appliances and flows effortlessly into the living and dining areas,
ideal for entertaining or relaxing. The custom backsplash tile
enhances the modern kitchen which has abundant counter space and
walk-in pantry. Hardwood and luxury vinyl floors throughout add
warmth, while ceiling fans and energy-efficient windows ensure
year-round comfort. The first floor bedroom is ideal for a home
office or guest room. The spacious laundry room includes modern LG
washer and dryer along with sink and lemon tree views. The upper
level features the primary bedroom suite, flex space and two
additional bedrooms. The primary bedroom suite provides generous
space throughout with multiple options for design and livability.
Coffered ceilings, barn-style door, spa-style bathtub and custom
tile shower are a few of the highlights of this suite. Step outside
to a spacious backyard and patio, designed for outdoor enjoyment
with a built-in TV setup and pre-wiring for a custom grill area.
The finished 2-car garage, complete with an epoxy floor and custom
cabinetry, features three EV charging outlets, ideal for
eco-friendly households. Paid off solar panels further enhance
energy efficiency. Award-winning Irvine schools, dining, Woodbury
Town Center, and freeway/toll road access are all conveniently
located. Resort-style community amenities include Junior-Olympic
size pools, clubhouse, Barbecue and Picnic areas, sports courts,
tot lots, parks and trails. Embrace the Southern California
lifestyle in this exceptional home.
Unit Size
2,125 Ft²
Days on Market
37 days
Land Size
-
Price per sqft
$798
Property Type
Condo
Property Taxes
-
HOA Dues
$343
Year Built
2010
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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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