$717,500
●
Condo -
Off Market
42 Pathway
Irvine, CA 92618
3 Beds
3 Baths,
1
Half Bath
2,107 Ft²
$1,049,263
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
HUGE PRICE REDUCTION! Location, location, location! This lowest
priced 3 bed 3.5 bath 2,107 sqft house located directly across from
the community park with gorgeous park, greenbelt, and mountain
views. Unique modern floor plan with great layout. Each level has
one bedroom with an en-suite full bath, ground level bedroom has a
separate front door to make it a business office possible. Larger
living room has fireplace and built-in media niche with one
additional guest bath in the main floor, opens out to front and
back two balconies with mountain range and park view. Open concept
kitchen with a center island and designer touches. Master suite
with built-in window sitting area, dual sinks, separate tub and
shower, and walk-in closet with built-in cabinets. Junior Master
suite has large closet. Recessed lighting throughout, decorated
tile floor and carpets. Community amenities include Jr Olympic
pool, basketball court, tennis courts, BBQ areas, and club house.
Unit Size
2,107 Ft²
Days on Market
67 days
Land Size
-
Price per sqft
$339
Property Type
Condo
Property Taxes
-
HOA Dues
$435
Year Built
2006
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #OC19120471)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2019 | Sold | ||
| Sold | |||
| May 23, 2019 | Listed by Pacific Sterling Realty | $715,000 | |
| Listed by Pacific Sterling Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Faces Rear
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Breakfast Bar, Open Floorplan, Recessed Lighting, Storage, Walk-In Closet(s), Balcony
Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
Flooring Type: Carpet, Tile
Laundry Features: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 2107
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Turnkey
Architectural Style: Spanish
Year Built Source: Assessor
Year Built: 2006
Builder Name: John Laing
Levels: Three Or More
Construction Materials: Stucco, Drywall
Pool Features: Community, In Ground, Association
Lot Features: Close to Clubhouse, NearPark
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Sport Court, Barbecue, Picnic Area, Playground, Pool, Tennis Court(s), Trail(s), OutdoorCookingArea
HOA Fee: $134
HOA Fee Frequency: Monthly
Condo/Coop Fee: $301
Condo/Coop Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/27/2019
| |
3 Bed
|
4 Bath
|
2107 ft²
|
$775,000
3 Bed
4 Bath
2107 ft²
|
$717,500
-7.42%
07/29/2019
|
Chelsea Sun
|
Building Info
About Portola Springs
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Chelsea Sun, Pacific Sterling Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19120471
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19120471
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