1
Map
$877,000
●
House -
Off Market
89 Parrell Avenue
Lake Forest, CA 92610
4 Beds
3 Baths
2,200 Ft²
$1,274,112
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
This truly one-of-kind home offers designer decor w/the finest
upgrades & technology located on a tranquil cul-de-sac.Offering 4
bedrooms, a large loft & downstairs bed/bath,this rare home's
high-quality upgrades include Brazilian cherry hardwood floors,new
carpet,custom cherry staircase & Legrand Adorne wifi controlled
lighting & speakers.The open & bright floor plan has floor to
ceiling custom Milgard vinyl windows illuminating natural
light.While the chef inspired kitchen offers Viking
appliances,Miele dishwasher,custom cabinetry,African Lapis granite
countertops & backsplash.Move effortlessly to the family room where
the cozy fireplace offers the perfect gathering place or enjoy the
views from your adjoining breakfast nook.Custom appointments
include a Culligan soft water,reverse Osmosis & Everhot
systems,Hunter Douglas electronic blinds (blackout in master),2
Aprilaire electrostatic air cleaners & 2 Honeywell wifi
thermostats,Legrand Adorne doorbell w/camera,drip irrigation
w/Rachio controller & epoxy flooring w/thermostat controlled fan in
garage.Romantic master suite offers custom walk-in closet & is the
perfect retreat to soak in the Kohler bubblemaster tub or custom
marble shower w/electronic temperature control,built-in speakers,
sound system & heated floor.Take in the city lights under your
covered patio while enjoying the ambiance of the saltwater heated
pool w/waterfall,wifi controlled lighting & custom fire pit.Hurry
on this unbelievable custom home. Won't last!
Unit Size
2,200 Ft²
Days on Market
39 days
Land Size
0.08 acres
Price per sqft
$395
Property Type
House
Property Taxes
-
HOA Dues
$84
Year Built
1996
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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: 5 months ago (CRMLS #OC19214957)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2019 | Sold | ||
| Sold | |||
| Sep 9, 2019 | Listed by Coldwell Banker Res. Brokerage | $869,900 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Foothill Ranch
Similar Homes for Sale
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Listed by: Tim Morissette, Coldwell Banker Res. Brokerage
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19214957
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19214957
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