$1,120,000
●
Condo -
Off Market
58 Monroe #116
Irvine, CA 92620
3 Beds
3 Baths,
1
Half Bath
1,411 Ft²
$5,897
Est. Monthly
$250
HOA / Fees
4.70%
Cap Rate
About This Property
This turnkey end-unit home features 3 bedrooms, 2.5 bathrooms, an
attached 2-car garage, and low HOA dues, offering everything you
need for comfortable living. Located in the heart of Irvine, the
home provides easy access to top-rated schools, parks, pools, the
library, shopping, dining, and nearby freeways. The open-concept
main floor is bathed in natural light, flowing seamlessly from the
living and dining areas to the family room and into a
well-appointed kitchen with wood cabinetry, granite countertops,
and stainless steel appliances. A sliding door leads to a private
patio, perfect for outdoor relaxation. All bedrooms are upstairs,
including a spacious master suite, with a conveniently placed
laundry area on the same level. Upgrades include wood and tile
flooring on the main level, custom designer paint, and double-pane
windows. The Timberline community provides resort-style amenities,
including two pools and a tot lot, enhancing the neighborhood's
inviting atmosphere. This home combines comfort, style, and an
unbeatable location-don't miss out!
Unit Size
1,411 Ft²
Days on Market
40 days
Land Size
-
Price per sqft
$815
Property Type
Condo
Property Taxes
-
HOA Dues
$250
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #OC24219689)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | Listed by Keller Williams Realty Irvine | $1,150,000 | |
| Listed by Keller Williams Realty Irvine | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Levels: Two
Interior Features: All Bedrooms Up, Primary Suite
Appliances: Dishwasher, Disposal, Gas Oven, Microwave
Flooring Type: Carpet, Laminate, Tile
Living Area Square Feet Source: Assessor
Laundry Features: Inside
Has Fireplace
Gas Starter, Living Room
Exterior Details
Year Built: 1985
Parcel Number: 93209620
Home Type: Residential
Structure Type: House
Window Features: Plantation Shutters
Spa Features: Association
Pool Features: Association
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
Association Amenities: Clubhouse, Sport Court, Outdoor Cooking Area, Other Courts, Picnic Area, Playground, Pool, Spa Hot Tub, Tennis Courts
Association Fee: $250
Association Fee Frequency: Monthly
Community Features: Park, Street Lights, Sidewalks
Subdivision: Timberline (TL)
Elementary School: Brywood
Middle or Junior School: Sierra Vista
High School: Northwood
High School District: Irvine Unified
Subdivision Name: Timberline (TL)
Directions: Trabuco / Monroe
Other Details
Listing Terms: Cash, CashToNewLoan
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 |
|---|---|---|---|---|---|---|---|
|
10/23/2024
|
3 Bed
|
3 Bath
|
1411 ft²
|
$1,150,000
3 Bed
3 Bath
1411 ft²
|
$1,120,000
-2.61%
12/09/2024
|
Irene Zhang
Pacific Sterling Realty
|
Building Info
About Northwood
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Listed by: Irene Zhang, Keller Williams Realty Irvine
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24219689
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24219689
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