1
Map
$996,000
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House -
Off Market
1014 Grove Place
Costa Mesa, CA 92627
3 Beds
2 Baths
1,560 Ft²
$1,535,492
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Beautiful, completely remodeled single story residence situated on
a cul-de-sac in a very quiet, family friendly neighborhood. This
gorgeous home sits on a large lot just under 8,000 sqft and
features three bedrooms and three bathrooms. Stunning entrance with
ten foot vaulted ceilings, beautiful flooring and exposed wood
beams invites you to an open and bright floor plan. Lots of natural
light in every room! Perfect for entertaining, the spacious kitchen
opens to a family room and dining area overlooking the
professionally designed and landscaped backyard. Other features
include brand new stainless steel kitchen appliances, sun tunnel
skylights, new copper plumbing, LED lighting, wiring for security
system and home network and an attached garage. Energy efficient
home with all new dual pane windows, solid interior doors and new
insulation and duct system. Located close to parks, walking &
biking to beach trails, shopping and freeways, and close enough to
the coast to feel the ocean breeze.
Unit Size
1,560 Ft²
Days on Market
127 days
Land Size
0.18 acres
Price per sqft
$672
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018
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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: 4 months ago (CRMLS #OC19157597)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2019 | Sold | ||
| Sold | |||
| Jul 8, 2019 | Listed by Harcourts Prime Properties | $1,049,000 | |
| Listed by Harcourts Prime Properties | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Costa Mesa
Similar Homes for Sale
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Listed by: Westley Williams, Harcourts Prime Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19157597
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19157597
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