$920,000
●
House -
Off Market
4865 Paseo De Vega
Irvine, CA 92612
3 Beds
2 Baths
1,512 Ft²
$1,402,529
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model
About This Property
LOWEST Priced single-family residence on an oversized lot in the
prestigious Turtle Rock. RARE single story 3 bed 2 full baths. NO
MELLO ROOS! LOW HOA! Ideally located within walking distance
to award-winning Turtle Rock Elementary school, national ranked
University High school, and UC Irvine. Open floor plan with
cathedral vaulted ceilings and windows with plenty of natural
lights. Large living room with cozy fireplace, and formal dining
room. Kitchen and master bedroom have sliding door to private
garden. Gated front yard and larger backyard with no neighbors
behind. Premier lot size up to 4,680 sqft! New furnace, New
Carpeting, New Paint, Newer Roof! The community amenities
include pool, park, and playground. Close to beach, shopping, and
freeway.
Unit Size
1,512 Ft²
Days on Market
124 days
Land Size
0.11 acres
Price per sqft
$614
Property Type
House
Property Taxes
-
HOA Dues
$160
Year Built
1973
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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 #OC18241418)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2022 | No longer available | - | |
| No longer available | |||
| May 20, 2022 | In contract | - | |
| In contract | |||
| May 2, 2022 | Listed by Pacific Sterling Realty | $1,190,000 | |
| Listed by Pacific Sterling Realty | |||
| | |||
|
LOWEST Priced single-family residence on an oversized lot in the prestigious Turtle Rock. RARE single story 3 bed 2 full baths. NO MELLO ROOS! LOW HOA! Ideally located within walking distance to award-winning Turtle Rock Elementary school, national ranked University High school, and UC Irvine. Open floor plan with cathedral vaulted ceilings and windows with plenty of natural lights. Large living room with cozy fireplace, and formal dining room. Kitchen and master bedroom have sliding door to private garden. Gated front yard and larger backyard with no neighbors behind. Premier lot size up to 4,680 sqft! New furnace, New Carpeting, New Paint, Newer Roof! The community amenities include pool, park, and playground. Close to beach, shopping, and freeway. The manager has listed the unit size as 1512 square feet.
| |||
| Feb 4, 2019 | Sold | ||
| Sold | |||
| Oct 3, 2018 | Listed by Pacific Sterling Realty | $929,000 | |
| Listed by Pacific Sterling Realty | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
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HOA + Taxes
About Turtle Rock
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Listed by: Chelsea Sun, Pacific Sterling Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18241418
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18241418
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