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1598 Baker Street
About This Property
A light-filled, open floor plan features hardwood floors, a spacious living room with fireplace, and an expanded primary suite complete with a walk-in closet and remodeled bathroom. Both bathrooms have been tastefully updated, while the remodeled kitchen features granite countertops, a breakfast nook, walk-in pantry, garden window, recessed lighting, and new appliances.
Designed for easy indoor-outdoor living, the home opens to a private backyard highlighted by a newly added pool and fresh perimeter hedges that create a lush, secluded setting. Mature lemon, avocado, and orange trees add to the Southern California feel and make the outdoor space ideal for entertaining or relaxing at home.
Additional improvements include vinyl windows, central heating and air conditioning, a tankless recirculating water heater, and updated electrical, plumbing, and sewer systems. The home is also wired for ethernet, surround sound, and modern entertainment.
Located just minutes from Mesa Verde Country Club, Costa Mesa Country Club, South Coast Plaza, Orange Coast College, and Newport Beach, this move-in-ready home combines single-level living, meaningful upgrades, privacy, and a prime Costa Mesa location.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2026 | Sold | ||
| Sold | |||
| Oct 12, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Listed by Kase Real Estate | $1,395,000 | |
| Listed by Kase Real Estate | |||
| Sep 3, 2022 | No longer available | - | |
| No longer available | |||
| Sep 2, 2022 | Price Decreased |
$1,087,000
↓ $2K
(0.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017