1
Map
$1,650,000
●
House -
Off Market
2018 Highland Drive
Newport Beach, CA 92660
3 Beds
2 Baths,
1
Half Bath
1,750 Ft²
$2,434,140
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Beautiful Remodeled Baycrest North /Dover shores single story home.
Massive curb appeal with charming porte-cochere and 2 car garage.
This traditional 3 bed 2.5 bath home is the perfect balance of
style and comfort. A turnkey beauty, the home has been completely
remodeled to include refurbished original oak floors, quartz
countertops, stainless steel appliances, central A/C, upgraded
electric and plumbing. The thoughtful floor plan includes a
separate laundry room just off the bright, modern kitchen. The
spacious master retreat has dual vanities, a large shower, custom
walk in closet, and French doors that open to a private side yard
containing a firepit and water feature. There is plenty of backyard
space which is completed by a pool, spa and outdoor shower. This
attractive neighborhood has award wining schools, close proximity
to the beach, shopping and plenty of dining.
Unit Size
1,750 Ft²
Days on Market
44 days
Land Size
0.18 acres
Price per sqft
$943
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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 #OC19062300)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2019 | Sold | ||
| Sold | |||
| Mar 20, 2019 | Listed by Harcourts Prime Properties | $1,650,000 | |
| Listed by Harcourts Prime 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 Newport Beach
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Listed by: Westley Williams, Harcourts Prime Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19062300
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19062300
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