Nestled in the exclusive Portola Springs community, this stunning
residence is the most popular model 4 of the Paloma Tract designed
by Brookfield Homes. Boasting 4 bedrooms and 4.5 bathrooms, each
room is an en-suite with its own bath, ensuring privacy and
comfort. Step inside to discover a wide open floor plan with a
spacious living area featuring hardwood floors, recessed lighting,
and custom wood shutters throughout. The large gourmet kitchen
impresses with a huge center island, granite countertops, and
upgraded stainless steel appliances. Entertain in the formal dining
room, complete with a cozy fireplace, elegant chandelier, and a
door leading to the inviting backyard retreat. The expansive master
bedroom includes a sitting area, large walk-in closet, and a
balcony with scenic views. Relax in the spacious master bath
featuring dual sinks, a soaking tub, and a separate walk-in shower.
Upstairs, an alcove area offers versatility as a home tech center
or office space. Convenience is key with the laundry room equipped
with a sink conveniently located on the bedroom level. This lovely
home is situated just minutes away from top-rated schools like
Portola Springs Elementary and Portola Springs High, as well as a
short drive from Woodbury Town Center and Irvine Spectrum for
shopping and dining. With easy access to freeways, this is an
opportunity not to be missed-schedule your tour today and
experience the best of Portola Springs living!
Unit Size
2,655 Ft²
Days on Market
33 days
Land Size
-
Price per sqft
$678
Property Type
Condo
Property Taxes
-
HOA Dues
$479
Year Built
2010
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
ExpensesPer Year
Operating ProfitPer Year
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.
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location Details
Association Amenities: Clubhouse, Sport Court, Fire Pit, Meeting Room, Meeting Banquet Party Room, Barbecue, Picnic Area, Playground, Pickleball, Pool, Spa Hot Tub, Trails
Association Fee: $183
Association Fee Frequency: Monthly
Association Fee2: $296
Association Fee2 Frequency: Monthly
Community Features: Park, Street Lights, Suburban, Sidewalks, Pool
Subdivision: Paloma (PALO)
Elementary School: Portola
Middle or Junior School: Jeffrey Trail
High School: Portola
High School District: Irvine Unified
Subdivision Name: Paloma (PALO)
Directions: Cross Street: Portola Parkway and Arrowhead
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017