78 Desert
About This Property
Step outside to a generously sized side yard, complete with a spacious storage room, offering ample space for outdoor entertaining or gardening. The Cypress Village community amenities include a basketball court, baseball field, swimming pool, and more, providing endless opportunities for recreation and relaxation.
Located just 4 minutes from the 99 Ranch Market and adjacent to the 5 freeway, this home offers unparalleled convenience for commuters, with easy access to shopping, dining, and entertainment. Situated in a highly-rated school district, 78 Desert Pine is perfect for families looking to enjoy everything Irvine has to offer. Don't miss your chance to make this move-in-ready home yours!
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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 |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | Price Decreased |
$1,399,999
↓ $20K
(1.4%) | |
| Price Decreased | |||
| Jan 31, 2025 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by Desert Sky Real Estate Inc. | $1,420,000 | |
| Listed by Desert Sky Real Estate Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/07/2024
| |
3 Bed
|
3 Bath
|
1611 ft²
|
$1,420,000
3 Bed
3 Bath
1611 ft²
|
$1,350,000
-4.93%
02/10/2025
|
Yi Tai Lin
Desert Sky Real Estate Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017