$881,000
●
House -
Off Market
1018 Cannonade Circle
Costa Mesa, CA 92626
4 Beds
2 Baths,
1
Half Bath
2,642 Ft²
$1,331,313
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Great opportunity to make this home your own. Situated on a quiet
cul-de-sac street, this home offers a three car garage and large
backyard. There is a living room and a formal dining room, plus a
separate family room with another dining area. The kitchen
overlooks the backyard, has a breakfast counter and is open to the
family room. Family room offers brick fireplace and wet bar. There
are tile counters, recessed lighting, and a microwave. Downstairs
there is an inside laundry room with tons of storage and a half
bathroom. Tile floors in the entry, bathrooms and kitchen. Rare
LARGE bedrooms upstairs. Spacious master bedroom with a walk in
closet and a fireplace. Master bathroom offers separate tub and
shower and double sinks. Covered patio in the backyard. Central A/C
too.
Unit Size
2,642 Ft²
Days on Market
127 days
Land Size
0.14 acres
Price per sqft
$333
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #OC18068033)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2018 | Sold | ||
| Sold | |||
| Mar 25, 2018 | Listed by Seven Gables Real Estate | $879,900 | |
| Listed by Seven Gables Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Costa Mesa
Similar Homes for Sale
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Listed by: Kristina Lightman, Seven Gables Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18068033
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18068033
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