74 Borghese
About This Property
This inside corner lot home features a timeless classical Italian architectural style, seamlessly designed with functional luxury interior upgrades that is inspired by the modern country touch: gourmet kitchen with natural granite countertops and full back splash, stainless steel appliances, hard wood flooring, retractable window screens, custom plantation shutters, recessed lighting, solar tube that brings in natural lighting, custom single panel mirrored closet doors, closet organizers, epoxy garage floor, frosted glass sliding door, backyard trellis with shade...over $100k in upgrades.
The community offers lush green Landscape, parks, basketball court, pool, jacuzzi, tot lots, BBQ picnic destinations, and 24 hour guarded gate.
This ideally located Orange County location is only minutes away from Laguna Beach, Irvine Spectrum Center, restaurants, Freeways, John Wayne airport and last but not least, the award-winning schools-Irvine Unified School District: Alderwood Elementary School, San Joaquin Middle School, University High School.
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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 |
|---|---|---|---|
| Dec 21, 2018 | Sold | ||
| Sold | |||
| Apr 23, 2018 | Listed by Bobohomes Realty | $989,000 | |
| Listed by Bobohomes Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/23/2018
| |
3 Bed
|
2 Bath
|
1775 ft²
|
$989,000
3 Bed
2 Bath
1775 ft²
|
$930,000
-5.97%
12/21/2018
|
Grace Hsiung
Bobohomes Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017