Explore a World of Infinite Possibilities at Laguna Altura, Irvine
–Orange County's Coastal HOT SPOT destination is centrally located
and situated on the cusp of Laguna Beach with easy access to all
connecting freeways! Our Siena Collection Residence 2 "Tuscan"
presented by Irvine Pacific features PEEK-A-BOO Hillside views, 3BD
2.5BA and approx. 1775 Sq. Ft of interior indulgence! The home
offers Hardwood Flooring, Deluxe Custom Fitted Plantation Shutters
& Window Shades, White Cabinetry, Crown Molding, and Recessed
Lighting! Chef-inspired gourmet kitchen with Granite Countertops &
FULL Backsplash, Expansive Kitchen Island and ALL Stainless Steel
KitchenAid/Whirlpool Appliances! A lifestyle opportunity for
outdoor living-Ceiling Fan with Light, Professional Hardscape, and
Professional Landscaping! Enjoy world-class amenities exclusive to
residents --parks, full court basketball, junior olympic pool, spa,
clubroom, and BBQ picnic destinations. Award-winning Irvine unified
school district (zoned University High), and just minutes from
dining destinations at the Irvine Spectrum Center, Quail Hill
Shopping Center, Los Olivos Shopping Center, John Wayne Airport,
Kaiser Permanente, Hoag Hospital, Laguna Beach, and connecting
freeways (I-405, I-5, 133, 73, & 261)!
Unit Size
1,775 Ft²
Days on Market
136 days
Land Size
0.07 acres
Price per sqft
$558
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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