$837,297
●
House -
Off Market
1939 Vitae Place
Costa Mesa, CA 92627
2 Beds
2 Baths
1,637 Ft²
$1,283,013
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
VITAE is an enclave of 20 new modern Single-Family Detached
residences. Built by Planet Home Living with the modern home
enthusiast in mind, these homes come standard with smooth drywall,
oversized aluminum windows, quartz counters throughout, brushed
nickel pulls and door handles, floating cabinetry in all baths,
stainless Kitchen Aid appliances, and tech savvy systems like RING
video doorbell, KEVO keyless entry and NEST thermostat. VITAE
boasts a highly desirable walk score of 87, with a short walk to
the Triangle, Social Bar and Restaurant, shops, and more. Each of
the detached homes has a private yard and is on fee simple land,
land you own.
Unit Size
1,637 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$495
Property Type
House
Property Taxes
-
HOA Dues
$106
Year Built
2017
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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: 5 months ago (CRMLS #OC17278780)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Sep 27, 2019 | Price Decreased |
$869,000
↓ $30K
(3.3%) | |
| Price Decreased | |||
| Aug 8, 2019 | Listed | $899,000 | |
| Listed | |||
| | |||
|
Newly built in 2018 by Planet Home Living, this 2 bedroom plus office is on one of the premier lots at Vitae at the end of a cul-de-sac with a larger yard.Unlike most new construction this home is a SFR so you own the land! This home is an ode to Scandinavian design with it's open floor plan, floating cabinetry, 10-foot ceilings, and clean, modern lines. Walls of glass that feature over-sized aluminum windows, mitered corner windows and aluminum sliders, help bring the outside in for the ultimate So Cal living. The home has loads of upgrades including designer selected wood plank floors and tiles, quartz counter tops, black stainless appliances, designer light fixtures, a pull-down attic staircase, and tech savvy systems like RING video doorbell, KEVO keyless entry, tankless water heater, NEST thermostat and is pre-wired for an electric car.. VITAE boasts a highly desirable walk score of 87, with a short walk to the Triangle, Social Bar and Restaurant, shops, and more. The manager has listed the unit size as 1637 square feet.
| |||
| Dec 22, 2017 | Listed by Villa Real Estate | $809,900 | |
| Listed by Villa Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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About Costa Mesa
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Listed by: Lisa Casey, Villa Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC17278780
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC17278780
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