Discover modern elegance in the vibrant Luna Park community of
Irvine's Great Park Neighborhoods. This turnkey TWO-STORY home
blends open concept living with private retreats, perfect for
families and entertainers. Our Premier "Lyra" Collection Residence
1 at Luna Park was built by Lennar and is designed for privacy &
prestige! This FULLY LOADED Retreat offers 4BD (incl. 1 Main Level
BD) 4.5BA (incl. 1.5 Main Level BA), a 2nd Floor Loft, a Master
Bedroom Retreat, Private Covered Patio, Covered Front Porch, and
approximately 3,222 Sq. Ft of Decadent Interior Living Space! The
home features Luxury Vinyl Plank Flooring, Upgraded Carpeting, LED
Recessed Lighting, Custom Fitted Window Shades + Drapes, White
Shaker Door Cabinetry, FULLY PAID OFF Solar Panels, Whole House
Water Softener + Water Filtration System, and ATTACHED 2-CAR Garage
with TELSA Powerwall! Chef-Inspired Gourmet Kitchen with Quartz
Countertops, Backsplash, Expansive Kitchen Island, White Shaker
Door Cabinetry, Walk-In Pantry, and ALL Stainless-Steel Appliances
(including Built-In Refrigerator)! Enjoy world-class amenities
exclusive to Great Park residents -- 5 parks, 3 full court
basketball courts, tennis courts (25 courts + championship court) 2
junior Olympic pools, 4 spas, 3 club rooms, BBQ picnic destinations
at every park and one greenhouse. Just minutes from dining
destinations at the Woodbury Shopping Center, Five Points
Amphitheater, Wild Rivers Waterpark, Irvine Spectrum, John Wayne
Airport, Kaiser Permanente, and nearby connecting freeways (I-5,
405, 241, 133, & 73)!
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.
Interior Features: Breakfast Bar, Built-in Features, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s), SeparateFormalDiningRoom, QuartzCounters, Unfurnished, BedroomOnMainLevel, Loft, PrimarySuite, WalkInPantry
Appliances: Built-In Range, Convection Oven, Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Water Softener, Tankless Water Heater, Water Purifier, SixBurnerStove
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