162 The Masters Circle
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 |
|---|---|---|---|
| Apr 16, 2023 | No longer available | - | |
| No longer available | |||
| Oct 24, 2022 | Listed by Douglas Elliman Real Estate | $1,395,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome home to this meticulously crafted, mid century modern home located on a serene cul-de-sac in the sought after community of Eastside Costa Mesa. This one story home boats high ceilings and an expansive open floor plan. An additional room inside the house is not counted in the overall square footage of the house making the house literally larger than it is on paper. Pass through the wrap around side yard to the back yard giving this home a private indoor/outdoor entertainment feel. Equipped with state of the art granite counter tops, chic white cabinets, and concrete floors round out this charming home. A gate in the front and a side entrance front door give added security to this home which sits on a less traveled street. Additionally, there is A/C with a Nest system, and solar panels on the roof to cut down on energy costs. Furthermore, the front yard has been landscaped with a drought tolerant design to mitigate your water bill. Priced to move quickly, don’t miss out on this golden opportunity in Eastside Costa Mesa. The manager has listed the unit size as 1845 square feet.
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| Jul 30, 2018 | Sold | ||
| Sold | |||
| Oct 17, 2017 | Listed by Coldwell Banker Res. Brokerage | $990,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017