Listed by: Jessica Hong, Realty One Group West
$1,420,000
●
Condo -
Off Market
63 Fairymoss
Irvine, CA 92618
3 Beds
3 Baths
1,611 Ft²
$7,470
Est. Monthly
$350
HOA / Fees
3.56%
Cap Rate
About This Property
OPPORTUNITY KNOCKS *** VERY LIMITED COMMON WALL FOR ONLY UPSTAIRS
STAIRS & MASTER BATHROOM *** SHOWS LIKE BRAND NEW CONDITION AND
TRULY TURN-KEY HOME *** VERY BRIGHT W/NATURAL LIGHT *** MOST
SOUGHT-AFTER POPULAR CASERTA PLAN 2 DESIGNED BY CALIFORNIA PACIFIC
HIGHLY UPGRADED HOMES IN THE NEWER COMMUNITY OF CYPRESS VILLAGE ***
FEW STEPS TO COMMUNITY POOL & PARK *** SHORT WALKING DISTANCE TO
TOP RANKING ELEMENTARY SCHOOL & MIDDLE SCHOOL *** BRIGHT & OPEN
LAYOUT W/LOTS OF NATURAL LIGHTS *** HOME FEATURES 3 BED+3 BATH+2
CAR ATTACHED GARAGE W/1,611 SF OF LIVING SPACE WHICH FEELS MUCH
BIGGER *** WIDE OPEN FLOOR PLAN IN LIVING AREA *** HIGHLY UPGRADES
FEATURES INCLUDING WOOD FLOOR THROUGHOUT, DUAL ZONE CONTROLLED
THERMOSTAT, ETC *** SPACIOUS KITCHEN W/LARGE ISLAND W/BREAKFAST
NOOK BAR, UPGRADED QUARTZ COUNTER TOP, SS APPLIANCES, WIDE SLIDING
GLASS DOOR TO SPACIOUS PATIO *** LARGE MASTER BEDROOM W/RAISED UP
CEILING & LARGE WALK-IN CLOSET *** HIGHLY UPGRADED MASTER BATH
W/LARGE TUV & WALK-IN SHOWER, DESIGNER'S TILE FLOOR, UPGRADED
MOSAIC TILE BEND & QUARTZ COUNTER TOP *** TWO OTHER JUNIOR SUITE
BEDROOMS W/THEIR OWN FULL BATH *** DESIRABLE SIZE OF PATIO IS
PERFECT FOR OUTDOOR ENTERTAINMENT W/EXTRA STORAGE ROOM *** MUST SEE
*** MUST SEE *** IT WON'T LAST LONG ****
Unit Size
1,611 Ft²
Days on Market
74 days
Land Size
-
Price per sqft
$900
Property Type
Condo
Property Taxes
-
HOA Dues
$350
Year Built
2014
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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: 3 years ago (CRMLS #OC24132382)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Listed by Realty One Group West | $1,450,000 | |
| Listed by Realty One Group West | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Direct Access, Door Single, Garage, Garage Faces Rear, Side By Side
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Bedrooms on Main Level: 1
Full Bathrooms: 3
Bathrooms on Main Level: 1
Levels: Two
Interior Features: Builtin Features, High Ceilings, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Storage, Wiredfor Data, Bedroomon Main Level, Primary Suite, Walk In Closets
Appliances: Built In Range, Convection Oven, Gas Cooktop, Disposal, Microwave, Range Hood, Tankless Water Heater, Vented Exhaust Fan
Flooring Type: Tile, Wood
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Upper Level
None
Exterior Details
Property Condition: Turnkey
Year Built: 2014
Parcel Number: 93131674
Home Type: Residential
Structure Type: House
Architectural Style: French
Builder Name: California Pacific Homes
Foundation Details: Slab
Roof: Concrete
Window Features: Blinds, Double Pane Windows, Screens
Construction Materials: Stucco
Outdoor Living Structures: Concrete
Spa Features: Association
Pool Features: Association
Lot Information: Landscaped, Level, Yard
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air
Location Details
Association Amenities: Clubhouse, Sport Court, Fire Pit, Maintenance Grounds, Insurance, Jogging Path, Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pool, Spa Hot Tub, Tennis Courts, Trails
Association Fee: $215
Association Fee Frequency: Monthly
Association Fee2: $135
Association Fee2 Frequency: Monthly
Community Features: Street Lights, Sidewalks
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Subdivision: CASERTA (CVCAS)
High School District: Irvine Unified
Subdivision Name: CASERTA (CVCAS)
Directions: Going north on Jeffrey Rd from 5 fwy *** Right turn on Roosevelt *** Right Turn on Scent Violet *** Left Turn on Velvet Flower *** Right turn on Fairymoss ***
Other Details
Listing Terms: Cash, CashtoNewLoan, Conventional, Submit
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 |
|---|---|---|---|---|---|---|---|
|
06/27/2024
| |
3 Bed
|
3 Bath
|
1611 ft²
|
$1,450,000
3 Bed
3 Bath
1611 ft²
|
$1,420,000
-2.07%
09/09/2024
|
Jessica Hong
T.N.G. Real Estate Consultants
|
Building Info
About Irvine Spectrum
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Listed by: Jessica Hong, Realty One Group West
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24132382
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24132382
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