Listed by: Eunyoung Kim, Keller Williams Realty Irvine
$1,200,000
●
Condo -
Off Market
509 Springbrook N
Irvine, CA 92614
3 Beds
3 Baths,
1
Half Bath
1,406 Ft²
$6,129
Est. Monthly
$482
HOA / Fees
4.16%
Cap Rate
About This Property
Beautifully Upgraded, Light-Filled End Unit overlooking community
greenbelt. This residence offers an abundance of natural light and
Open-concept kitchen seamlessly flows into the family room and
leads to the private backyard with direct access to a two-car
garage. Three bedrooms are all upstairs, including a spacious
primary suite with the en-suite bathroom. Upgraded flooring on both
the first and second floors, plus a remodeled bathroom with walk-in
shower. Conveniently close to swimming pools, tennis courts, parks,
and the top-rated Springbrook Elementary School
Unit Size
1,406 Ft²
Days on Market
46 days
Land Size
-
Price per sqft
$818
Property Type
Condo
Property Taxes
-
HOA Dues
$482
Year Built
1984
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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: 2 years ago (CRMLS #OC25021760)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | Listed by Keller Williams Realty Irvine | $1,150,000 | |
| Listed by Keller Williams Realty Irvine | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Garage, One Space
Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Bathrooms on Main Level: 1
Levels: Two
Interior Features: Recessed Lighting, All Bedrooms Up
Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Dryer, Washer
Living Area Square Feet Source: PublicRecords
Laundry Features: Inside, Upper Level
Has Fireplace
Living Room
Exterior Details
Year Built: 1984
Parcel Number: 93884154
Home Type: Residential
Structure Type: MultiFamily
Outdoor Living Structures: Patio
Pool Features: Community, Association
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
Association Amenities: Barbecue, Picnic Area, Playground, Pool, Spa Hot Tub
Association Fee: $147
Association Fee Frequency: Monthly
Association Fee2: $335
Association Fee2 Frequency: Monthly
Community Features: Lake, Park, Street Lights, Sidewalks, Pool
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Subdivision: Stonegate (SG)
Elementary School: Springbrook
Middle or Junior School: South Lake
High School: Woodbridge
High School District: Irvine Unified
Subdivision Name: Stonegate (SG)
Directions: E Yale Loop and Springbrook N
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional, Exchange1031
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 |
|---|---|---|---|---|---|---|---|
|
01/17/2025
| |
3 Bed
|
3 Bath
|
1406 ft²
|
$1,150,000
3 Bed
3 Bath
1406 ft²
|
$1,200,000
+4.35%
03/18/2025
|
Eunyoung Kim
Keller Williams Realty Irvine
|
Building Info
About Woodbridge
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Listed by: Eunyoung Kim, Keller Williams Realty Irvine
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25021760
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25021760
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