Welcome home as you enter through the gates of prestigious Laguna
Altura and into the privacy of your elegantly upgraded 4 Bedroom/ 3
Bath "San Remo Residence 3" with an Open Floor Plan. Enjoy one of
the best PREMIUM CORNER LOTS. Rare extra almost 300SF Conservatory
added to downstairs interior space from the builder. Upgrades
include gorgeous Wood Floors, "Restoration Hardware" feel, and
Large Windows and French Doors inviting plenty of natural light.
The impressive Gourmet-Chef's Kitchen features high-quality Italian
Granite Countertops and Backsplash, high-end KitchenAid Stainless
Steel Appliances, light Modern Cabinets, Designer Light Fixtures
and recessed Lighting. Oversize Kitchen Windows transition to a
professionally-designed backyard patio with outdoor seating and
total privacy. Downstairs bedroom situated away from the
living area offering privacy and a quiet room for guests or
parents. Full bath with shower downstairs. Upstairs is just as
tastefully designed. Wide hallways invite you into Large Bedrooms
with Custom Paint, Inset Lighting, Designer Window Treatments, and
Juliet Balcony with French Doors. 2 Car Direct Access Garage. Enjoy
Laguna Altura Community Resort Ammenities: 3 community parks,
basketball court, spacious clubhouse, and Junior
Olympic Swimming Pool. Ideally located in award-winning University
High School District, minutes from Laguna Beach, John Wayne
International Airport, Whole Foods Market, Irvine Spectrum and
World-Class Shopping.
Unit Size
2,391 Ft²
Days on Market
38 days
Land Size
0.07 acres
Price per sqft
$523
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.
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