1
Map
$1,750,000
●
House -
Off Market
1701 Irvine Avenue
Newport Beach, CA 92627
4 Beds
3 Baths,
1
Half Bath
3,260 Ft²
$2,572,502
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
Quick Sale! This remodeled Tuscany villa awaits your final
landscaping dream to come true on a one of a kind 15,620 SqFt lot.
Impressively large back yard with pool and spa to entertain your
most prestigious parties. Elegant remodel with gourmet, high-end
finishes. Large kitchen equipped with top of the line appliances,
quality custom cabinetry, open to the living and dining area, and
with view of the backyard. Home offers a separate wing which can be
used as guest quarters (can be converted into ADU as per city
guidelines), in-law suite, pool house, office, art studio, dance
studio, you name it! Gated front entrance and driveway, gorgeous
Tuscany Chateaux travertine surrounding the property, extremely
private oasis. Up to 8 car parking in the driveway and large enough
for boat or RV. This is the deal of the year. Property is in
foreclosure but fully deliverable.
Unit Size
3,260 Ft²
Days on Market
52 days
Land Size
0.36 acres
Price per sqft
$537
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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Cap Rate Calculator
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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 #NP19104222)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2019 | Sold | ||
| Sold | |||
| May 6, 2019 | Listed by HANOLD PROPERTIES | $1,750,000 | |
| Listed by HANOLD PROPERTIES | |||
Property Highlights
Garage
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 Costa Mesa
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Listed by: Regan Beegle, HANOLD PROPERTIES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP19104222
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP19104222
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