$620,000
●
Condo -
Off Market
447 Ridgeway
Irvine, CA 92620
2 Beds
2 Baths
1,291 Ft²
$907,817
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
In the prestigious gated community of Northwood Pointe, this
impeccable residence is a highly sought-after floor plan with 2
Bedrooms on opposite sides of the living space providing privacy
and separate living quarters. Venture inside the home & find a
spacious great room featuring a warm & intimate setting. This
amazing home offers wonderful indoor-outdoor living, perfect for
relaxing & entertaining guests. Entertain guests year-round on the
patio or inside the spacious family room w/ fireplace. Other
upgrades: Luxurious Hard Wood floors, Recessed lighting, and
California shutters. Bright with sunlight shining through every
window...inside you'll be embraced with rich hardwood flooring in
the main living space, and plush carpeting in each bedroom. Relax
in your master suite and pamper yourself in the luxury appointed
master bath to escape from the everyday demands. Within minutes of
the award winning schools of the Irvine Unified School District:
Canyon View ES, Sierra Vista MS, and Northwood HS.
Unit Size
1,291 Ft²
Days on Market
45 days
Land Size
-
Price per sqft
$465
Property Type
Condo
Property Taxes
-
HOA Dues
$300
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #OC18125826)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 13, 2018 | Sold | ||
| Sold | |||
| May 29, 2018 | Listed by Coldwell Banker Platinum Prop | $600,000 | |
| Listed by Coldwell Banker Platinum Prop | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Direct Access, Garage, Garage Faces Side
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: AllBedroomsUp
Laundry Features: Inside
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Has Property Attached
Square Footage: 1291
Year Built: 1998
Levels: Two
Pool Features: Community, Association
Lot Features: NearPark
Tax Lot: NA
Water Source: Public
Utilities Details
Cooling Type: Central Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Picnic Area, Playground, Pool, OutdoorCookingArea
HOA Fee: $255
HOA Fee Frequency: Monthly
Condo/Coop Fee: $45
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 |
|---|---|---|---|---|---|---|---|
|
05/29/2018
| |
2 Bed
|
2 Bath
|
1291 ft²
|
$600,000
2 Bed
2 Bath
1291 ft²
|
$620,000
+3.33%
07/13/2018
|
Michael Mei
Keller Williams Realty Irvine
|
Building Info
About Northwood Point
Similar Homes for Sale
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Listed by: Michael Mei, Coldwell Banker Platinum Prop
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18125826
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18125826
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