72 Steeplechase
About This Property
The second floor offers a spacious loft, a luxurious master suite with dual walk-in closets, and a spa-like master bathroom featuring a deep soaking tub and separate shower stall. Each secondary bedroom is generously sized, with their own walk-in closets. Additional highlights include a large walk-in pantry, beautiful wood flooring on both levels, and hardstone tile in all bathrooms. The home also offers a 2-car garage with epoxy flooring and is certified ENERGY STAR® for efficiency. Located in the highly sought-after Grove community, residents enjoy resort-style amenities such as multiple pools, parks, hiking and biking trails, and sports courts for tennis and basketball. Within walking distance is the Award-Winning Orchard Hills School (K-8) and the Orchard Hills Shopping Center. This home presents a rare opportunity to enjoy both luxury and convenience in one of Irvine's most prestigious neighborhoods. A must-see! Call to inquire about the seller financing option
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | Price Decreased |
$3,698,000
↓ $300K
(7.5%) | |
| Price Decreased | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | Listed by Pinnacle Real Estate Group | $3,998,000 | |
| Listed by Pinnacle Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017