$1,030,000
●
House -
Off Market
170 Merrill Place
Costa Mesa, CA 92627
4 Beds
3 Baths,
1
Half Bath
2,554 Ft²
$1,350,445
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
HUGE PRICE DROP!! Previously in escrow for $1,050,000. Best deal in
Eastside Costa Mesa!! Built in 2007 this Eastside Single Family
Home provides the Most Generous Living Space with Four bedrooms,
Three Full bathrooms PLUS One Half bathroom and Two Separate Living
Areas! Enter the home into the Living Room w/ Fireplace, walk past
the staircase and powder room to the Dining Room and then into the
Large Kitchen Opening to the Separate Family Room. Upstairs you
will find a Giant Ensuite Master bedroom w/ Large bathroom
including Separate Tub & Shower, Dual Vanities, Separate
toilet room, and a Huge Walk-In Closet. Three Additional bedrooms
are upstairs, Two bedrooms share one bathroom, and One More bedroom
is Ensuite w/ Private bathroom! This home Includes A/C, upstairs
Laundry Room, Direct Garage Access, and Desirable Privacy in the
back of a Long Driveway off of the street. Top it off w/ Healthy
eating from your very own lush Vegetable Garden in the Backyard!
This home is a Tremendous value!
Unit Size
2,554 Ft²
Days on Market
110 days
Land Size
0.09 acres
Price per sqft
$391
Property Type
House
Property Taxes
-
HOA Dues
$122
Year Built
2006
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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 #NP20107730)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2020 | Sold | ||
| Sold | |||
| Jun 4, 2020 | Listed by HANOLD PROPERTIES | $999,000 | |
| Listed by HANOLD PROPERTIES | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 Costa Mesa
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Listed by: Regan Beegle, HANOLD PROPERTIES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP20107730
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP20107730
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