Listed by: Shengli Ge, Pinnacle Real Estate Group
$2,900,000
↓ $100K (3.3%)
●
House -
Off Market
73 Pelican Lane
Irvine, CA 92618
4 Beds
5 Baths,
1
Half Bath
3,447 Ft²
$14,832
Est. Monthly
$297
HOA / Fees
2.39%
Cap Rate
About This Property
This home by Lennar features a three-story home with four bedrooms,
four full-sized bathrooms and one half bath. This spacious design
is an entertainer's dream with a third floor bonus room complete
with an outdoor deck and built-in wet bar. The luxurious master
suite includes huge dual walk-in closets and a spa-like master
bathroom. Every secondary bedroom also comes with its own walk-in
closet and full-sized bathroom.Positioned within the privacy and
protection of the premiere 24-HOUR GUARD-GATED resort community of
Altair. The house just has undergone some modifications and was
professionally staged by a designer.
Unit Size
3,447 Ft²
Days on Market
264 days
Land Size
0.09 acres
Price per sqft
$859
Property Type
House
Property Taxes
-
HOA Dues
$297
Year Built
-
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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: 2 years ago (CRMLS #TR24122979)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2025 | Price Decreased |
$2,890,000
↓ $100K
(3.3%) | |
| Price Decreased | |||
| May 22, 2025 | Price Decreased |
$2,990,000
↓ $30K
(1%) | |
| Price Decreased | |||
| May 2, 2025 | Price Decreased |
$3,020,000
↓ $70K
(2.3%) | |
| Price Decreased | |||
| Apr 8, 2025 | Listed | $3,090,000 | |
| Listed | |||
| | |||
|
Welcome to this Lennar features stunning three-story home that offering 4 bedrooms, 4.5 bathrooms and loft .24-Hour Guard Gated resort community of Altair, and a spacious entrainment room with a private outdoor deck and a sleek built-in wet bar, perfect for hosting. The luxurious primary suite featuring expansion dual walk-in closets and a spa-inspired bathroom. Each bedroom ensures comfort and privacy with its own walk-in closet and full-size bathroom.this home combines security and exclusivity. Recently enhanced with thoughtful upgraded ,new painting wall and professionally staged by a designer. you can see view at third floor. yard face south more sunlight come in. First level clubhouse and two luxury swimming pool at Irvine . Walking distance to awarded school district with 10 score Portola high school .
| |||
| Mar 7, 2025 | Sold | ||
| Sold | |||
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Property Highlights
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About Portola Springs
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Listed by: Shengli Ge, Pinnacle Real Estate Group
Last Updated: 2 years ago
Data Source: CRMLS, MLS# TR24122979
Last Updated: 2 years ago
Data Source: CRMLS, MLS# TR24122979
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