93 Parson Brown
About This Property
Residence has formal dining room and a great room opening to a gourmet kitchen which features a large center island highlighted by pendant lights from Germany, Bertazzoni six burner range, built-ins with cabinet fronts, walk-in pantry, and Butler's pantry with dual wine coolers.
French doors all leading to back gardens which are an entertainer's delight. Take in the view while relaxing on the covered loggia with its gas fireplace and TV. Spacious stone patio has outdoor dining area, fire pit plus built in BBQ with its large counter area for serving your guests. Upstairs features a master bedroom with large walk in closet and beautiful bathroom with its dual sinks, soaking tub and separate shower plus two additional bedrooms with private bathrooms. Bonus / TV room has beautiful built-ins from Germany which could be an additional bedroom. Sellers spent over $300,000 in upgrades, high end simulated wood grain tile in random widths and lengths, designer wallpaper, music speakers inside and out just to name a few.
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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%.
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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.
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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 |
|---|---|---|---|
| May 21, 2025 | Listed | $4,998,000 | |
| Listed | |||
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View! View! View! Irvine’s Best Panoramic View Home – Better Than Orchard Hills Summit!
Discover the ultimate view property in Irvine! Located at the highest point of the exclusive gated community of Lambert Ranch, this luxurious 4-bedroom, 4.5-bathroom estate offers unmatched panoramic vistas—sunsets, shimmering city lights, Catalina Island, Palos Verdes Peninsula, and even Disneyland fireworks. A view that surpasses even Orchard Hills Summit!
No Mello-Roos. The home welcomes you with a private stone courtyard featuring tranquil water features and a detached guest casita. Inside, enjoy formal dining and a spacious great room that flows seamlessly into the chef’s kitchen, which boasts a large center island, pendant lighting imported from Germany, a Bertazzoni 6-burner range, built-in cabinetry, a walk-in pantry, and a Butler’s pantry with dual wine fridges.
French doors lead to a spectacular entertainer’s backyard: a covered loggia with gas fireplace and TV, stone patio with outdoor dining, built-in BBQ, firepit, and multiple seating areas to soak in the breathtaking view.
Upstairs, the luxurious primary suite includes a spa-like bathroom with soaking tub, dual vanities, separate shower, and a large walk-in closet. Two additional en-suite bedrooms complete the upper level.
Over $300,000 in premium upgrades throughout, including high-end wood-look tile flooring in varied widths, imported finishes, designer wallpaper, and integrated indoor/outdoor speaker systems.
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| Jul 13, 2017 | Sold | ||
| Sold | |||
| Apr 10, 2017 | Listed by Teles Properties | $2,298,000 | |
| Listed by Teles Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017