Listed by: Mary Jafarkhani, Re/Max Premier Realty
$1,620,000
●
Condo -
Off Market
53 Sacred Path
Irvine, CA 92618
4 Beds
3 Baths
2,398 Ft²
$8,604
Est. Monthly
$310
HOA / Fees
4.35%
Cap Rate
About This Property
AN EXCEPTIONALLY LUXURIOUS, UPGRADED AND BEAUTIFUL DETACHED HOME
LOCATED IN THE HEART OF PORTOLA SPRINGS. Nestled on a premium
single-loaded street with no neighbors directly in front with
stunning hill views.
Unit Size
2,398 Ft²
Days on Market
62 days
Land Size
-
Price per sqft
$704
Property Type
Condo
Property Taxes
-
HOA Dues
$310
Year Built
2012
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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: 3 years ago (CRMLS #OC24161546)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Price Decreased |
$1,689,000
↓ $90K
(5.1%) | |
| Price Decreased | |||
| Aug 5, 2024 | Listed by Re/Max Premier Realty | $1,779,000 | |
| Listed by Re/Max Premier Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Direct Access, Garage, Garage Door Opener, See Remarks
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 4
Bedrooms on Main Level: 1
Full Bathrooms: 3
Bathrooms on Main Level: 1
Levels: Two
Interior Features: Breakfast Bar, Balcony, Block Walls, Crown Molding, Separate Formal Dining Room, High Ceilings, Pantry, Quartz Counters, Recessed Lighting, Bedroom On Main Level, Entrance Foyer, Primary Suite, Utility Room, Walk In Closets
Appliances: Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Tankless Water Heater
Flooring Type: Carpet, Tile, Wood
Living Area Square Feet Source: Assessor
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
None
Exterior Details
Year Built: 2012
Parcel Number: 93475659
Home Type: Residential
Structure Type: House
Window Features: Double Pane Windows, Plantation Shutters
Outdoor Living Structures: Concrete, Open, Patio, See Remarks
Spa Features: Association, Community
Pool Features: Association, Community
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Fireplaces
Location Details
Association Amenities: Clubhouse, Sport Court, Other Courts, Barbecue, Picnic Area, Playground, Pickleball, Tennis Courts, Trails
Association Fee: $185
Association Fee Frequency: Monthly
Association Fee2: $125
Association Fee2 Frequency: Monthly
Community Features: Biking, Curbs, Storm Drains, Street Lights, Suburban, Sidewalks, Pool
Subdivision:, Casero
Elementary School: Portola
Middle or Junior School: Jeffrey Trail
High School: Portola
High School District: Irvine Unified
Subdivision Name:, Casero
Directions: From Portola Parkway Left on Ridge Valley, Right on Ranchland, Left on Upperbend and Right on Sacred Pathway
Other Details
Listing Terms: CashToNewLoan, Conventional
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 |
|---|---|---|---|---|---|---|---|
|
08/05/2024
| |
4 Bed
|
3 Bath
|
2398 ft²
|
$1,779,000
4 Bed
3 Bath
2398 ft²
|
$1,620,000
-8.94%
10/15/2024
|
Mary Jafarkhani
Re/Max Premier Realty
|
Building Info
About Portola Springs
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Listed by: Mary Jafarkhani, Re/Max Premier Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24161546
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24161546
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