$930,000
●
Condo -
Off Market
581 Springbrook N
Irvine, CA 92614
2 Beds
2 Baths,
1
Half Bath
1,142 Ft²
$4,892
Est. Monthly
$482
HOA / Fees
3.84%
Cap Rate
About This Property
Perfect starter home with 2 bedrooms 2.5 Baths almost 1200 s/f in
Woodbridge Irvine. Popular open floor plan. Spacious formal living
room and large dining/family room with a fireplace. Designer
Kitchen cabinets with Quarz counter tops and backsplashes. Sliding
door off the kitchen leads to the private patio and two-car garage.
Both bedroom upstairs has its OWN bath and No unit in the front nor
in the back of the house. Beautiful BRAND NEW VINYL floor in
living room and entire upstairs. Inside laundry in the closet
upstairs. Resort like Woodbridge Community has it all: two lakes,
pools, tennis courts, sport courts, parks, playground and much
more... Unit is centrally located: Close to Freeway 405, Spectrum
shopping center. Short distance to the nearby Springbrook
Elementary, Woodbridge Village Center and Alton Square. The
community pool is just across the street. MUST SEE!!!
Unit Size
1,142 Ft²
Days on Market
67 days
Land Size
-
Price per sqft
$786
Property Type
Condo
Property Taxes
-
HOA Dues
$482
Year Built
1984
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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 #OC25072327)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2025 | Sold | ||
| Sold | |||
| May 9, 2025 | Relisted | $898,000 | |
| Relisted | |||
| Apr 2, 2025 | Listed by Re/Max Premier Realty | $898,000 | |
| Listed by Re/Max Premier Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Direct Access, Garage, Garage Door Opener, Private, Garage Faces Rear, NoDriveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, High Ceilings, Pantry, Recessed Lighting, QuartzCounters, AllBedroomsUp
Appliances: Dishwasher, Gas Range, Refrigerator
Flooring Type: Tile, Vinyl
Laundry Features: Laundry Closet, Upper Level
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Has Property Attached
Square Footage: 1142
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Architectural Style: Ranch
Year Built Source: Public Records
Year Built: 1984
Builder Name: Homes by Bren
Builder Model: Clarion
Levels: Two
Patio and Porch Features: Rear Porch
Pool Features: Association
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Sport Court, Barbecue, Picnic Area, Playground, Pool, Tennis Court(s), MaintenanceFrontYard, OutdoorCookingArea, PetRestrictions
HOA Fee: $147
HOA Fee Frequency: Monthly
Condo/Coop Fee: $335
Condo/Coop Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
04/02/2025
| |
2 Bed
|
2 Bath
|
1142 ft²
|
$898,000
2 Bed
2 Bath
1142 ft²
|
$930,000
+3.56%
06/09/2025
|
Wendy Lin
Partners Real Estate Group
|
Building Info
About Woodbridge
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Wendy Lin, Re/Max Premier Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25072327
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25072327
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