58 Cartwheel
About This Property
Recently upgraded in 2022, this single-family home has seen an impressive investment of $300,000 in enhancements, building on the original $200,000 builder upgrades. The front yard is adorned with two magnificent palm trees, while the open concept kitchen and living area create a seamless flow throughout the space. Enjoy upgraded patios in both the front and back yards for added privacy.
The layout includes a separate bedroom and full bath on the first floor, along with a half bath for the study. Upstairs, you'll find three additional bedrooms, each with its own bathroom, as well as an expansive loft and a beautifully upgraded balcony that complements the large family area.
Altair offers an array of resort-style amenities, including a clubhouse, billiard rooms, pools, spas, outdoor fireplaces, tennis and bocce ball courts, parks, trails, and various community events. This welcoming two-story home (Residence 2, Celestial) features an open floor plan filled with natural light, stylish wood and vinyl flooring, and soaring two-story ceilings in both the dining and great rooms.
The chef-inspired kitchen is a culinary dream, equipped with top-of-the-line Wolf stainless-steel appliances, a professional gas cooktop with dual-stacked burners and a griddle, built-in dual convection ovens, a drop-down microwave, and a Sub-Zero refrigerator. Additional features include an Energy Star dishwasher, a stainless-steel wine fridge, a large farmhouse sink with a designer Moen faucet, shaker-style cabinets with soft-closing hinges, and under-cabinet lighting.
The downstairs bedroom offers convenience with its own bath, while the upstairs boasts a master suite with a walk-in closet, an oversized loft, and two additional bedrooms with full baths. Located close to the Great Park, Portola High School, Woodbury Community Shopping Plaza, and major toll roads and freeways, this home is perfectly situated for easy access to all that Irvine has to offer.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 21, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $3,690,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 19, 2024 | Listed by Mcsen Realty Corp. | $3,690,000 | |
| Listed by Mcsen Realty Corp. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017