$3,550,000
●
House -
Off Market
1380 Galaxy Drive
Newport Beach, CA 92660
4 Beds
3 Baths,
1
Half Bath
3,877 Ft²
$5,601,003
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Welcome home to 1380 Galaxy Drive in prestigious Dover Shores.
Situated on one of the premier view lots, this single-story
front row home overlooks Newport's bay, ocean, and city lights.
Upon entering the home, through the private gated courtyard,
the living room features 10 foot high ceilings that overlook a
sparkling pool and spa. There are views from the formal dining
room, living room, family room, and kitchen. The large master
suite is situated on its own private wing and separated from the
other three secondary bedrooms. Residents of the Dover Shores
community enjoy two private gated beaches with barbecues and many
wonderful neighborhood activities. If you are looking for a
spectacular view property, than this is the one
for you!
for you!
Unit Size
3,877 Ft²
Days on Market
70 days
Land Size
0.22 acres
Price per sqft
$953
Property Type
House
Property Taxes
-
HOA Dues
$100
Year Built
1965
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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 #NP18080216)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 18, 2021 | In contract | - | |
| In contract | |||
| Mar 9, 2021 | Price Decreased |
$4,775,000
↓ $200K
(4%) | |
| Price Decreased | |||
| Jan 28, 2021 | Listed by Harcourts Prime Properties | $4,975,000 | |
| Listed by Harcourts Prime Properties | |||
| | |||
|
Views, Views, Views! Situated on the 1300 block of Galaxy Drive right by the park this is one of the best locations in Dover Shores. This single story home has views of the Back Bay, Catalina Island and the ocean, Fashion Island and city lights. This house sits on over a 10,000 square foot lot. Renderings have been completed to expand the house to 5,400 square feet. This community features two private beaches with cooking areas. If you are looking for a home with views look no further. Close to award winning schools, shopping and dining this house won't last long. The manager has listed the unit size as 3877 square feet.
| |||
| Jun 18, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Newport Beach
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Listed by: Jon Dishon, Arbor Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP18080216
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP18080216
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