LIMITED EDITION CORNER LOT HOME with no neighbors behind! Discover
refined luxury in Southern California's centrally located
guard-gated Irvine destination, Laguna Altura-Our PRIVATE Siena
Collection Residence 3 "Classical" presented by Irvine Pacific
features 3BD 2.5BA and approx. 1868 Sq. Ft of upscale interior
indulgence! The home offers signature features at every turn
including Berkshire "Hickory" Hardwood Flooring, Built-In Surround
Sound in EVERY Room, Deluxe Custom Fitted Plantation Shutters &
Hunter Douglas Window Shades, Maple Remington Cabinetry with
Soft-Close Hardwood Drawers, Crown Molding, and Recessed Lighting!
Chef-inspired gourmet kitchen with Granite Countertops &
Backsplash, Maple Cabinetry, Expansive Kitchen Island with Upgraded
Clear Glass Doors and Posts, and ALL Stainless Steel
KitchenAid/Whirlpool Appliances! A lifestyle opportunity for
outdoor living-Ceiling Fan with Light, Custom Stone Pavers, and
Professional Landscaping! Enjoy world-class amenities exclusive to
residents --parks, full court basketball, junior olympic pool, spa,
clubroom, and BBQ picnic destinations. Award-winning Irvine unified
school district (zoned University High), and just minutes from
dining destinations at the Irvine Spectrum Center, Quail Hill
Shopping Center, Los Olivos Shopping Center, John Wayne Airport,
Kaiser Permanente, Hoag Hospital, Laguna Beach, and connecting
freeways (I-405, I-5, 133, 73, & 261)!
Unit Size
1,868 Ft²
Days on Market
69 days
Land Size
0.07 acres
Price per sqft
$634
Property Type
Condo
Property Taxes
-
HOA Dues
$280
Year Built
2013
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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.
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