$1,925,000
●
House -
Off Market
1 Veranda
Newport Coast, CA 92657
4 Beds
2 Baths,
1
Half Bath
2,812 Ft²
$2,857,163
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
PRICED to SELL ! Exclusive Corner Lot .Plan 2 model situated in
Pacific Ridge's Belcara behind a private 24-hour guard gate.
Featuring a main-floor master bedroom, this home offers
approximately 2,812 square feet encompassing three ideally located
bedrooms, oversized bonus room (with a fourth bedroom builder
option), and two-and-one-half baths. A spacious great room with
fireplace opens to the gourmet kitchen. The home itself has been
recently remodeled with a plethora of luxurious upgrades, including
a new water softener system, epoxy flooring in the garage, ample
storage cabinets in the garage, new travertine floors, new
engineered wood floors throughout the living room, master suite,
staircase, upstairs, and bonus room, and ample cabinets and
shelving in the laundry room. The backyard is sure to impress even
your most discerning guests with brand-new travertine throughout
the entertaining areas, an outdoor shower, artificial grass, fruit
trees, fire pit, stuccoed and painted inner wall, allergy-friendly
trees and plants, and prestige lighting system emphasizing trees
and walkways.
Unit Size
2,812 Ft²
Days on Market
157 days
Land Size
0.13 acres
Price per sqft
$711
Property Type
House
Property Taxes
-
HOA Dues
$562
Year Built
2004
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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 #OC19233192)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2019 | Listed by Realty Benefit | $1,998,000 | |
| Listed by Realty Benefit | |||
| Oct 25, 2017 | Sold | ||
| Sold | |||
| Aug 28, 2017 | Listed by Surterre Properties Inc. | $1,950,000 | |
| Listed by Surterre Properties Inc. | |||
| | |||
|
Plan 2 model situated in Pacific Ridge’s Belcara behind a private 24-hour guard gate. Featuring a main-floor master bedroom, this home offers approximately 2,812 square feet encompassing three ideally located bedrooms, oversized bonus room (with a fourth bedroom builder option), and two-and-one-half baths. A spacious great room with fireplace opens to the gourmet kitchen. The home itself has been recently remodeled with a plethora of luxurious upgrades, including a new water softener system, epoxy flooring in the garage, ample storage cabinets in the garage, new travertine floors, new engineered wood floors throughout the living room, master suite, staircase, upstairs, and bonus room, and ample cabinets and shelving in the laundry room. The backyard is sure to impress even your most discerning guests with brand-new travertine throughout the entertaining areas, an outdoor shower, artificial grass, fruit trees, fire pit, stuccoed and painted inner wall, allergy-friendly trees and plants, and prestige lighting system emphasizing trees and walkways.
| |||
| Jul 29, 2017 | Listed | $1,995,000 | |
| Listed | |||
| | |||
|
Plan 2 model situated in Pacific Ridge’s Belcara behind a private 24-hour guard gate. Featuring a main-floor master bedroom, this home offers approximately 2,812 square feet encompassing three ideally located bedrooms, oversized bonus room (with a fourth bedroom builder option), and two-and-one-half baths. A spacious great room with fireplace opens to the gourmet kitchen. The home itself has been recently remodeled with a plethora of luxurious upgrades, including a new water softener system, epoxy flooring in the garage, ample storage cabinets in the garage, new travertine floors, new engineered wood floors throughout the living room, master suite, staircase, upstairs, and bonus room, and ample cabinets and shelving in the laundry room. The backyard is sure to impress even your most discerning guests with brand-new travertine throughout the entertaining areas, an outdoor shower, artificial grass, fruit trees, fire pit, stuccoed and painted inner wall, allergy-friendly trees and plants, and prestige lighting system emphasizing trees and walkways.The manager has listed the unit size as 2812 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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 Newport Coast
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Listed by: Jason Brandi, Realty Benefit
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19233192
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19233192
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