INSIDE CORNER LOT HOME with no neighbors on ONE SIDE! Discover
refined luxury in Southern California's centrally located
guard-gated Irvine destination, Laguna Altura-Our PRIVATE San Remo
Collection Residence 3X "Classical" features 4BD (One Main Level)
3.5BA and approx. 2,129 Sq. Ft of decadent interior indulgence! The
home offers uncommon experiences at every turn including Hickory
"Kahlua" Wide Planked Hardwood Flooring, Upgraded Carpeting, Deluxe
Custom Fitted Plantation Shutters & Window Shades, White Cabinetry,
Crown Molding, and Recessed Lighting! Chef-inspired gourmet kitchen
with Granite Countertops & Backsplash, Walk-In Pantry, and ALL
Stainless Steel KitchenAid/Whirlpool Appliances (including
Stainless Steel Sink & Faucet)! Master Suite offers Private Treetop
Views and an abundance of Natural Light! A lifestyle opportunity
for outdoor living-Expansive Backyard with Chiseled Travertine
Stone Hardscape, Lush Landscape, Outdoor California Room, & no
neighbors to ONE SIDE! Enjoy world-class amenities exclusive to
residents --parks, full court basketball, junior olympic pool, spa,
clubroom, and BBQ picnic destinations. Award-winning Irvine unified
school district (zoned University High), and just minutes from
dining destinations at the Irvine Spectrum Center, Quail Hill
Shopping Center, John Wayne Airport, Kaiser Permanente, Laguna
Beach, and connecting freeways (I-405, I-5, 73, & 261)!
Unit Size
2,121 Ft²
Days on Market
64 days
Land Size
0.07 acres
Price per sqft
$612
Property Type
Condo
Property Taxes
-
HOA Dues
$280
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: Breakfast Bar, Built-in Features, Tray Ceiling(s), Crown Molding, Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Wired for Data, Walk-In Closet(s), Balcony, SeparateFormalDiningRoom, Unfurnished, BedroomOnMainLevel, PrimarySuite, WalkInPantry
Appliances: Built-In Range, Convection Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Tankless Water Heater, WaterToRefrigerator
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