$1,057,000
●
House -
Off Market
7 Encinal
Lake Forest, CA 92610
4 Beds
3 Baths
2,902 Ft²
$1,539,567
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
LOCATED IN THE PREMIER ENCLAVE OF ROXFORD CREST IN FOOTHILL RANCH,
THIS STUNNING EXECUTIVE HOME OFFERS A HIGHLY SOUGHT-AFTER FLOORPLAN
W/4 BEDROOMS + BONUS ROOM & RESORT STYLE BACKYARD W/POOL & TROPICAL
LANDSCAPE. Soaring ceilings & walls of windows welcome you to this
bright, inviting home that offers a formal living room & dining
room, custom moldings, recessed lighting, newer flooring, fresh
interior paint, water filtration system, NEST & more. THE NEWLY
REMODELED KITCHEN IS GORGEOUS & opens to the family room
w/fireplace & boasts self closing white cabinetry, beautiful quartz
countertops, a large center island w/seating & storage, BOSCH
stainless steel appliances & a dining nook. A bedroom w/a murphy
bed & a bathroom are conveniently located on the main level. On the
upper level, the large master suite has a double-door entry,
soaring ceilings & a spa-like master bathroom w/separate shower,
soaking tub & a large walk-in closet. The opposite end of the upper
level features a separate suite w/a bonus room, 2 spacious
secondary bedrooms, bathroom w/dual sinks & access to a covered
balcony. Enjoy the resort-style backyard w/pool, spa, patio cover,
tropical landscaping & zen garden. The three-car garage offers
plenty of extra storage. Move-in ready w/lovely curb appeal
featuring mature palms & professional hardscape. Across from Alton
Park & nearby shopping, dining, community pool, parks, tennis,
hiking & biking trails & award-winning schools. Close to Irvine
Spectrum Center.
Unit Size
2,902 Ft²
Days on Market
58 days
Land Size
0.14 acres
Price per sqft
$362
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
1994
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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: 4 months ago (CRMLS #OC19138201)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2019 | Sold | ||
| Sold | |||
| Jun 12, 2019 | Listed by Surterre Properties Inc | $1,050,000 | |
| Listed by Surterre Properties Inc | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Foothill Ranch
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Listed by: Liz Ryan, Surterre Properties Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19138201
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19138201
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