$760,000
●
House -
Off Market
206 Hanover Drive
Costa Mesa, CA 92626
4 Beds
2 Baths
1,379 Ft²
$1,208,674
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
Complete with white picket fence, this beautifully remodeled
single-story residence charms at first sight. Conveniently located
in College Park on a quiet cul-de-sac, the home features a
thoughtfully arranged open floorplan, maximizing space and flow
throughout. A wood-burning travertine fireplace adorns the living
room, while vaulted ceilings, skylight, and doors leading to
spacious backyard provide an abundance of natural light. The
completely remodeled kitchen accommodates stainless steel
appliances, granite countertops and center island for plenty of
storage, with dining area and exterior door leading to attached
two-car garage. Four bedrooms include an oversized en suite master
bedroom with doors leading to backyard, as well as secondary
bedroom located opposite with private entrance. With access from
living room, master bedroom and secondary bedroom, the incredible
backyard offers unmatched privacy and space, with expansive grass
lawns, covered patio space, and above-ground jacuzzi – ideal for
entertaining or relaxing.
Unit Size
1,379 Ft²
Days on Market
98 days
Land Size
0.16 acres
Price per sqft
$579
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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 #NP18111390)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed by Coldwell Banker Res. Brokerage | $799,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Costa Mesa
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Listed by: Brian Sperry, Coldwell Banker Res. Brokerage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP18111390
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP18111390
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