Beautiful detached street front home in Irvine's pristine Cypress
Village neighborhood. This highly upgraded Marigold home is located
within walking distance to award winning Cypress Village Elementary
and Jeffrey Trail Middle School. The bright and open home boasts
laminate wood floors, upgraded cabinetry, stone backsplashes
throughout, dual zone WiFi-stats, whole house filtration system,
weather based irrigation controller, garage door keypad and solar
panels. The open kitchen is outfitted with contemporary cabinets,
Ceasarstone counter tops, walk-in pantry with organizer built-ins,
over-sized island and stainless steel appliances. Upstairs, the
luxurious master suite features a large bathtub, separate shower,
upgraded tile and carpet flooring, designer backsplashes and
walk-in closet. The floor plan also features a loft/study space,
laundry room and a 2-car attached garage with added storage and
epoxy floors. The spacious backyard provides an ideal place for
relaxation and entertainment offering a California room and low
maintenance yard with artificial grass and water conserving
landscaping. Residents will enjoy great amenities close by which
includes private resort style salt water pools, parks, trails and
shopping with easy access to the 5/405 freeways and John Wayne
Airport.
Unit Size
1,948 Ft²
Days on Market
65 days
Land Size
0.05 acres
Price per sqft
$507
Property Type
Condo
Property Taxes
-
HOA Dues
$135
Year Built
2013
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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: Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Walk-In Closet(s), AllBedroomsUp, Loft, PrimarySuite, WalkInPantry
Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan, HighEfficiencyWaterHeater
Flooring Type: Carpet, Laminate, Tile
Laundry Features: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
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