$1,275,000
●
House -
Off Market
2116 Colina Del Arco Iris
San Clemente, CA 92673
5 Beds
3 Baths
3,256 Ft²
$2,012,959
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
Must See! Amazing Ocean View Home In Reserve West With Straight On
Ocean Views. Freshly Painted Interior. Beautiful Chiseled
Travertine Flooring, Crown Molding, Canned Lighting And Rich Colors
Throughout. Gourmet Kitchen With Brand New Appliances, Granite
Countertops, Slate Back Splash, This Home Shows Like a Model! The
Family Room Has a Great Room Feel, Open To The Kitchen With
Surround Sound Over Looking the Backyard and Ocean Views. Paid Off
Solar System – Last Month's Electric Bill Was $4.00!! There's a
Large Downstairs Bedroom with Full Bath. Upstairs Offers a Master
Suite, Highly Upgraded Bath With Beautiful Stone Work And a Private
Deck to Enjoy the Views and Sunsets. In Addition, You Will Find Two
More Bedrooms, Separate Office With Custom Built Ins (Could Be 5th
BR) and a Computer Niche. Astro Turf Front Yard – Always Green,
Never Water. Don't Miss the 3 Car Tandem Garage with Epoxy Floors
and Extra Storage.
Unit Size
3,256 Ft²
Days on Market
47 days
Land Size
0.14 acres
Price per sqft
$399
Property Type
House
Property Taxes
-
HOA Dues
$250
Year Built
2002
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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 #OC18023748)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2018 | Sold | ||
| Sold | |||
| Jan 31, 2018 | Listed by We Help U Buy Realty | $1,299,900 | |
| Listed by We Help U Buy Realty | |||
| Sep 2, 2017 | Listed | $1,399,900 | |
| Listed | |||
| | |||
|
Must See! Amazing Ocean View Home In Reserve West With Straight On Ocean Views. Beautiful Chiseled Travertine Flooring, Crown Molding, Canned Lighting And Rich Colors Throughout. Gourmet Kitchen With Upgraded Appliances, Granite Countertops, Slate Back Splash, This Home Shows Like a Model! The Family Room Has a Great Room Feel, Open To The Kitchen With Surround Sound Over Looking the Backyard and Ocean Views. Paid Off Solar System – Last Month’s Electric Bill Was $4.00!! There’s a Large Downstairs Bedroom with Full Bath. Upstairs Offers a Master Suite, Highly Upgraded Bath With Beautiful Stone Work And a Private Deck to Enjoy the Views and Sunsets. In Addition, You Will Find Two More Bedrooms, Separate Office With Custom Built Ins (Could Be 5th BR) and a Computer Niche. Astro Turf Front Yard – Always Green, Never Water. Don’t Miss the 3 Car Tandem Garage with Epoxy Floors and Extra Storage. The manager has listed the unit size as 3256 square feet.
| |||
Property Highlights
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 Forster Ranch
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Listed by: Brad Davidson, We Help U Buy Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18023748
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18023748
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