$1,100,000
●
House -
Off Market
6 Ravenna
Irvine, CA 92614
4 Beds
2 Baths,
1
Half Bath
2,446 Ft²
$1,614,087
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Fabulous location! Great 2 story home with a large lot within the
prestigious community of Westpark! This home backs to beautiful San
Leandro Park that allows for added privacy since no homes are
behind you and beautiful trees and grass surround your back of the
house view. This home is a very easy walk to top ranked Culverdale
Elementary School and the HOA boasts pools, clubhouse, tennis
courts, and many nearby parks for one of the best HOA values in
Orange County! The 4 bedroom, 2.5 bathroom home is located in a
cul-de-sac street and a great floorplan with all bedrooms upstairs
and plenty of common area downstairs. The large backyard has a
beautiful area of grass and also a nice shaded patio area as well.
The quiet neighborhood is also convenient to shopping, gyms,
restaurants, and near freeway access, but not close enough to hear
freeway noise! Come check out this awesome home before it goes!
Unit Size
2,446 Ft²
Days on Market
69 days
Land Size
0.11 acres
Price per sqft
$450
Property Type
House
Property Taxes
-
HOA Dues
$43
Year Built
1987
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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: 5 months ago (CRMLS #OC19101032)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2019 | Sold | ||
| Sold | |||
| May 2, 2019 | Listed by Maxim Real Estate Group Inc. | $1,099,888 | |
| Listed by Maxim Real Estate Group Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Westpark
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jason Risley, Maxim Real Estate Group Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19101032
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19101032
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