1601 Indus Street
About This Property
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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 |
|---|---|---|---|
| Jun 26, 2019 | Sold | ||
| Sold | |||
| May 22, 2019 | Listed by First Team Real Estate | $1,048,888 | |
| Listed by First Team Real Estate | |||
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Welcome to 1601 Indus St. in Newport beach. Charming Upper Back Bay/Santa Ana Heights Home on a 10,080 sq ft lot. This 2 Level Floor-plan offers 2,473 square feet of living space with spacious Living and Family rooms, three Bedrooms and two Bathrooms on the first level including a Master Suite, and a full Bedroom-Bathroom with an open Loft/Retreat on the second level (which can be converted to a 5th bedroom). Upgraded Kitchen with white cabinets, tile floors, granite counter tops, double oven, 4 burner cook-top and a new microwave hood. Cozy and bright breakfast nook off the Kitchen. Family room offers a wood burning brick fireplace. Newer dual-pane windows, copper plumbing and security system. Solid oak front door and new paneled doors throughout, newly painted exterior. New epoxy Garage floors and new roll-up Garage door with window. All new Attic insulation. Covered front porch with interlocking paved walkways and driveway. Enjoy the ocean breeze in the tranquil Back Yard with matured and well-landscaped trees and vegetation. Centrally located with close proximity to John Wayne Airport, South Coast Plaza, Back Bay Nature Preserve, hiking trails, and Newport Peninsula. The Home belongs to the prestigious Newport Mesa School District. Make this great Mid-century Home Yours!
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| Oct 4, 2018 | No longer available | - | |
| No longer available | |||
| Oct 1, 2018 | Sold | ||
| Sold | |||
| Sep 8, 2018 | Price Decreased |
$999,000
↓ $111K
(10%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017