$1,079,000
●
Condo -
Off Market
8 Botanical
Irvine, CA 92618
2 Beds
3 Baths,
1
Half Bath
1,454 Ft²
$5,516
Est. Monthly
$217
HOA / Fees
3.71%
Cap Rate
About This Property
Welcome to this beautifully kept and rare detached home in the
exclusive gated community of Oak Creek! This tri-level residence
features a thoughtfully designed layout with a first-floor bedroom
opening to a generous backyard, a kitchen and living room with a
large balcony on the second floor, and a master bedroom with a loft
on the third floor. Each bedroom comes with its own en-suite
bathroom. Enjoy resort-style amenities such as pools, a basketball
court, and a tennis court. Conveniently located within walking
distance to shopping and award-winning schools.
Unit Size
1,454 Ft²
Days on Market
28 days
Land Size
-
Price per sqft
$742
Property Type
Condo
Property Taxes
-
HOA Dues
$217
Year Built
2000
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #OC24152841)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Regency Real Estate Brokers | $1,079,000 | |
| Listed by Regency Real Estate Brokers | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Bedrooms on Main Level: 1
Full Bathrooms: 2
Half Bathrooms: 1
Bathrooms on Main Level: 1
Levels: ThreeOrMore
Interior Features: Bedroomon Main Level, Walk In Closets
Appliances: Dryer, Washer
Living Area Square Feet Source: Assessor
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Closet
None
Exterior Details
Year Built: 2000
Parcel Number: 93535287
Home Type: Residential
Structure Type: House
Pool Features: Community, Association
Lot Size Source: Assessor
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Location Details
Association Amenities: Maintenance Front Yard, Pool, Spa Hot Tub, Tennis Courts
Association Fee: $125
Association Fee Frequency: Monthly
Association Fee2: $92
Association Fee2 Frequency: Monthly
Community Features: Curbs, Street Lights, Sidewalks, Pool
Subdivision: Acacia (ACAC)
Elementary School: Oak Creek
Middle or Junior School: Oak Creek
High School: Woodbridge
High School District: Irvine Unified
Subdivision Name: Acacia (ACAC)
Directions: Alton Pkwy & Jeffrey Rd
Other Details
Listing Terms: Cash, CashtoNewLoan, Conventional
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/25/2024
| |
2 Bed
|
3 Bath
|
1454 ft²
|
$1,079,000
2 Bed
3 Bath
1454 ft²
|
$1,079,000
08/22/2024
|
Willis Lee
Keller Williams Realty Irvine
|
Building Info
About Oak Creek
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Listed by: Willis Lee, Regency Real Estate Brokers
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24152841
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24152841
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