$698,500
●
House -
Off Market
1072 Clipper Court
Costa Mesa, CA 92627
4 Beds
2 Baths,
1
Half Bath
1,996 Ft²
$1,244,460
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model
About This Property
Great opportunity to own a home in the small California Seabreeze
community in Southwest Costa Mesa. Ideally located minutes
from the beaches, shopping, restaurants, freeways, parks, golf, OC
College, fair grounds and just about everything else. This
newer built home is situated on a corner lot in a cul-de-sac.
Tons of natural light from the high ceilings and windows and
a great floor plan make this house the perfect candidate to update
and call home. Features included a large open living room
with high ceilings and a dining area flanked by large columns and a
tray ceiling. The kitchen is open the the family room with a
fireplace and looks out onto the back yard patio area. All
bedrooms upstairs and includes a master suite with view balcony.
Additional features include built in cabinets, crown moulding, recessed lighting, granite counters, ceiling fans and double pane windows. There is a small ocean view from 2 front bedrooms - nice to see how close to the ocean you are. PLEASE READ AGENT REMARKS.
Additional features include built in cabinets, crown moulding, recessed lighting, granite counters, ceiling fans and double pane windows. There is a small ocean view from 2 front bedrooms - nice to see how close to the ocean you are. PLEASE READ AGENT REMARKS.
Unit Size
1,996 Ft²
Days on Market
71 days
Land Size
0.12 acres
Price per sqft
$350
Property Type
House
Property Taxes
-
HOA Dues
$155
Year Built
1991
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 11 months ago (CRMLS #PW15027405)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2015 | Sold | ||
| Sold | |||
| Feb 6, 2015 | Listed by Berkshire Hathaway H.S.C.P. | $699,000 | |
| Listed by Berkshire Hathaway H.S.C.P. | |||
Property Highlights
Fireplace
Garage
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
Currently no similar homes aroundNearby Rentals
Listed by: Kara Welliver, Berkshire Hathaway H.S.C.P.
Last Updated: 11 months ago
Data Source: CRMLS, MLS# PW15027405
Last Updated: 11 months ago
Data Source: CRMLS, MLS# PW15027405
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017