$3,725,000
●
House -
Off Market
1626 Galaxy Drive
Newport Beach, CA 92660
4 Beds
4 Baths
3,508 Ft²
$6,118,029
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
Welcome home to 1626 Galaxy Drive in prestigious Dover Shores.
Overlooking Newport's picturesque Back Bay, the property features
panoramic city light and Fashion Island views. This gorgeous single
level family home offers four bedrooms plus office, four full baths
and three car garage with epoxy flooring and custom built-ins.
The gated courtyard entry allows for maximum privacy and is
highlighted with a sparkling PebbleTec pool, flagstone deck, mature
landscaping and bubbling fountains. An open and spacious rear yard
is an entertainer's dream space including covered seating area with
built-in heat lamps and outdoor fireplace, in-ground spa and
built-in BBQ. The gourmet kitchen has been highly upgraded with
travertine flooring, granite counters, cherrywood cabinetry, an
oversized center island and stainless steel Viking appliance
package. Large master suite offering walk-in closet with custom
built-ins, dual vanities, spa tub and large walk-in shower with
rain head and steam feature. Situated close to all of 17th Street's
shopping and restaurants, this wonderful home is an absolute must
see.
Unit Size
3,508 Ft²
Days on Market
120 days
Land Size
0.25 acres
Price per sqft
$1,097
Property Type
House
Property Taxes
-
HOA Dues
$77
Year Built
1965
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: 5 months ago (CRMLS #NP17138685)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $3,849,000 | |
| Listed | |||
| | |||
|
Welcome home to 1626 Galaxy Drive in prestigious Dover Shores. Overlooking Newport's picturesque Back Bay, the property features panoramic city light and Fashion Island views. This gorgeous single level family home offers four bedrooms plus office, four full baths and three car garage with epoxy flooring and custom built-ins. The gated courtyard entry allows for maximum privacy and is highlighted with a sparkling PebbleTec pool, flagstone deck, mature landscaping and bubbling fountains. An open and spacious rear yard is an entertainer's dream space including covered seating area with built-in heat lamps and outdoor fireplace, in-ground spa and built-in BBQ. The gourmet kitchen has been highly upgraded with travertine flooring, granite counters, cherrywood cabinetry, an oversized center island and stainless steel Viking appliance package. Large master suite offering walk-in closet with custom built-ins, dual vanities, spa tub and large walk-in shower with rain head and steam feature. Situated close to all of 17th Street's shopping and restaurants, this wonderful home is an absolute must see. The manager has listed the unit size as 3508 square feet.
| |||
| Jun 19, 2017 | Listed by Arbor Real Estate | $3,849,000 | |
| Listed by Arbor Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
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 Newport Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jon Dishon, Arbor Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP17138685
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP17138685
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