TRULY a TROPHY PROPERTY! PANORAMIC BREATHTAKING VIEWS!
Like floating... on the water on the North Lake of
Woodbridge! This Beautiful residence is located in highly desirable
gated community of The Cove, nestled on a Quiet Cul-de-sac . This
Two Story End Unit, next to a huge greenbelt has Spectacular Views!
The Double Door Entry leads to dramatic ,smooth, soaring
ceilings and your first views of the lake. This elegant home
features a dramatic flowing floor plan perfect for entertaining. 3
bedrooms, 2.5 baths, Family Room, Large Kitchen, Formal Dining
Room, Living Room w/ Gas Fireplace. Turnkey! Recessed
Lighting, Plantation Shutters,custom staircase,Warm wood flooring,
designer touches throughout. Arched windows,lots of light!
Large,luxurious Master Suite is a private retreat with it's
own awesome views of lake and it's own Private Balcony. Imagine
waking up to that every morning! In addition, the Master Suite has
huge Walk-in Closet, separate custom Glass Shower and a
spacious Oval Tub with lake + sunset views. In addition, home
features a great Upstairs Laundry Room w/ lots of storage.Two
additional spacious bedrooms+ secondary bath. The Completely
Finished Garage W/direct access has an entire wall of Built In
Cabinets. This home is simply an oasis for relaxing and
entertaining! It is close to both the 405 & 5 fwys, Irvine's Fine
Schools, Shopping, Parks and, as well, allows for the enjoyment of
all of Woodbridge's numerous Resort Style Amenities!
57Lakefront.com
Unit Size
2,110 Ft²
Days on Market
21 days
Land Size
-
Price per sqft
$649
Property Type
Condo
Property Taxes
-
HOA Dues
$565
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.
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