Est. cap rate

4.1%

Assumed rent, all units

$7,160/mo

Units

2

Price per unit

$524,500

Est. annual NOI

$42,960

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

3

Bathrooms

3

Building size

1,889 sqft

Lot size

25,318 sqft

Year built

2022

Stories

2

Garage spaces

2

Cooling

Central Air

Pool

Association

View

Neighborhood

Status

Active

Days on market

144

MLS #

242646916

About this property

INTEREST RATE BUY DOWN AVAILABLE - Welcome to 112 Homestead Rd, a beautifully upgraded paired home in the award-winning master planned community of Rancho Mission Viejo, where elevated design meets the exceptional lifestyle South Orange County is known for. Offering 3 bedrooms, 2.5 bathrooms, and a spacious loft, this thoughtfully designed residence combines style, comfort, and functionality with exceptional indoor and outdoor living spaces rarely found in the neighborhood. Unlike many attached products, this is a paired home — not a traditional townhome — and benefits from only one HOA, a highly desirable advantage. One of the standout features is the oversized side yard — one of the largest in the community — in addition to a generously sized front patio, creating multiple outdoor spaces ideal for entertaining, relaxing, dining al fresco, or enjoying Southern California living year-round. Inside, the bright open-concept floorplan is enhanced by tasteful upgrades throughout. Unlike many builder-basic homes, this residence showcases updated fixtures and designer touches that create a refined and elevated feel from the moment you enter. The chef-inspired kitchen opens seamlessly to the dining and living areas, while abundant natural light fills the home throughout. Upstairs, the versatile loft provides the perfect flex space for a media room, office, playroom, or secondary lounge area. The spacious primary suite is complemented by a custom-designed primary closet that adds both luxury and functionality. Every detail has been thoughtfully curated to create a warm yet sophisticated living experience. Residents enjoy access to Rancho Mission Viejo’s exceptional resort-style amenities including pools, fitness centers, clubhouses, pickleball and tennis courts, scenic trails, parks, playgrounds, community farms, coffee shops, year-round events, and vibrant social gatherings for all ages. Conveniently located near Ranch Camp, Esencia Green, award-winning schools, dining, shopping, and the beautiful beaches of South Orange County. Experience the perfect blend of luxury, comfort, outdoor living, and community at 112 Homestead Road.

Location

112 Homestead

Rancho Mission Viejo, Orange, CA, 92694