ONE of a FEW homes in Laguna Altura with ACCORDIAN BI-FOLD DOORS!
Our Exceptional San Remo Residence 1 "Tuscan" defines
Indoor/Outdoor living at its best! Situated on a RARE Private Lot
with NO HOMES BEHIND and Expansive Backyard, the home features 3BD
2.5BA and 1,878 Sq. Ft of decadent interior indulgence! The home
offers Premier Designer features throughout including Wall-to-Wall
Folding Sliding Glass Doors in Dining Room, Provenza "Fallen
Timber" Siberian Oak Hardwood Flooring, Built-In Surround Sound,
White Cabinetry, Custom Fitted Plantation Shutters & Shades, and
Recessed Lighting! Chef-Inspired Gourmet Kitchen with Granite
Countertops and FULL Decorative Ceramic Backsplash, and ALL
Stainless Steel Appliances. A lifestyle opportunity for outdoor
living-BI-FOLD DOOR Access to Private Backyard, California Room,
Artificial Turf Greenbelt, Custom Water Feature, Custom Fire Pit,
Custom Brick Inlay Pavers, Uptree Lighting, and Professional
Landscaping (including Mature Cypress Trees)! Enjoy world-class
amenities exclusive to residents --parks, full court basketball,
junior olympic pool, spa, clubroom, BBQ picnic destinations, and
paved trail access to Los Olivos Shopping Center. Award-winning
Irvine unified school district (zoned University High), and just
minutes from dining destinations at the Irvine Spectrum Center,
Quail Hill Shopping Center, Los Olivos Shopping Center, John Wayne
Airport, Kaiser Permanente, Laguna Beach, and connecting freeways
(I-405, I-5, 73, & 261)!
Unit Size
1,878 Ft²
Days on Market
166 days
Land Size
0.07 acres
Price per sqft
$625
Property Type
Condo
Property Taxes
-
HOA Dues
$280
Year Built
2011
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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.
Interior Features: Breakfast Bar, Built-in Features, Tray Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Wired for Data, Wired for Sound, Walk-In Closet(s), Balcony, SeparateFormalDiningRoom, Unfurnished, AllBedroomsUp, PrimarySuite, WalkInPantry
Appliances: Built-In Range, Convection Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Tankless Water Heater, WaterToRefrigerator
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