Seize an amazing opportunity in this Beautifully upgraded Carmeno
model within the Rancho San Joaquin Villas Community.
Perfection is in the details, and this home shines with
floor-to-ceiling upgrades. An open floor plan and VAULTED
CEILINGS throughout provide this home an abundance of natural
lighting. Enjoy the 2ND BEDROOM AS A CURRENTLY OPEN LOFT, or easily
convert and enclose. A spacious Master bedroom features its
own en-suite bath, along with new carpeting, new custom paint and
quartz counter-tops.NO ONE ABOVE OR BELOW, this quiet corner of the
community allows for maximum privacy and serenity. Soaring
ceilings, gorgeous wood-laminate flooring are only the beginning.
Carefully chosen upgrades appoint a spacious entryway,
flowing naturally into your living room. Custom paint, and
plantation shutters maintain brightness by maximizing natural
light. Take a meal in your private atrium, connected to the
living or dining rooms, or cozy up to your remodeled fireplace for
a quiet evening. A remodeled kitchen boasts of custom
cabinets, tons of quartz counter space, & a view of your private
atrium. Featuring a RARE 2-car direct access, ATTACHED garage, in a
quiet corner of Irvine. Resort-like pool & spa is a 1 minute walk
away. Live stress-free with NO MELLO ROOS and a VERY LOW TAX BASE!
Award winning University High School within walking distance,
minutes away from the beach, the Irvine Spectrum, Fashion Island,
and UCI. Enjoy all the Best Irvine has to offer.
Unit Size
1,263 Ft²
Days on Market
48 days
Land Size
-
Price per sqft
$475
Property Type
Condo
Property Taxes
-
HOA Dues
$395
Year Built
-
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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.
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