Listed by: Katie Machoskie, Compass
$2,085,000
●
House -
Off Market
203 Rose Lane
Costa Mesa, CA 92627
4 Beds
3 Baths
1,800 Ft²
$10,778
Est. Monthly
About This Property
Located in popular Eastside Costa Mesa, 203 Rose Lane is an
expanded single level pool home on a corner lot. Freshly painted
throughout, this versatile floor plan encompasses 1,800 square feet
of living space with four bedrooms, three bedrooms, vaulted
ceilings throughout, hardwood floors, and an attached garage. The
great room provides a spacious living space with tons of natural
light, updated kitchen with a wraparound counter, stainless steel
appliances, and ample storage space opens to the family room. Dual
primary suites on each wing of the home offer flexibility to create
an office space, gym, or podcast studio. Spa-inspired
designer bathrooms add to this home's appeal. The sunny backyard
offers southern exposure and is ready for your next pool party with
a pool, spa, built-in barbecue, covered patio, eight foot privacy
wall, and large side yard with detached storage, raised herb
garden, and grass area. Solar panels are paid for and power the
entire house, pool and spa! No more high utility bills! Located
moments from the Back Bay trails and Orange County's best beaches,
shopping, and restaurants.
Unit Size
1,800 Ft²
Days on Market
41 days
Land Size
0.16 acres
Price per sqft
$1,219
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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: 2 years ago (CRMLS #NP25002208)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 4, 2025 | Listed by Compass | $2,195,000 | |
| Listed by Compass | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Costa Mesa
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Listed by: Katie Machoskie, Compass
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NP25002208
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NP25002208
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