1
Map
$900,000
●
House -
Off Market
2135 Sterling Avenue
Costa Mesa, CA 92627
4 Beds
2 Baths,
1
Half Bath
2,700 Ft²
$1,389,532
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Welcome to the entertainer's dream. The word "custom" doesn't
even come close to describing this architectural marvel of a home
that just underwent a complete renovation. Situated at the
end of a cul-de-sac, this home towers over its single-story
neighbors, which provides stunning views from the ample windows and
enormous deck. All four bedrooms and two full baths are on
the first floor and have their own access to the lush backyard.
The second level houses the kitchen, appointed with
Kitchen-aid Signature appliances and Calcutta quartz counters, as
well as the main living area and a half bath. If an "open
concept" is what you love, look no further. The kitchen is
open to a massive, 600 sq. ft. great room with soaring 17ft high
ceilings clad in cedar hardwood. As if this wasn't enough,
let me point out some other premium features: RV parking, 9ft tall
garage door, waterproof laminate throughout, 200 sq. ft. deck,
Jacuzzi master tub, water softener system, reverse osmosis water
filtration system, comprehensive rain gutter and drainage
system, and solar.
Unit Size
2,700 Ft²
Days on Market
159 days
Land Size
0.11 acres
Price per sqft
$352
Property Type
House
Property Taxes
-
HOA Dues
-
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: 5 months ago (CRMLS #IG19165436)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2019 | Sold | ||
| Sold | |||
| Jul 12, 2019 | Listed by Provident Real Estate | $950,000 | |
| Listed by Provident Real Estate | |||
Property Highlights
Garage
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
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Costa Mesa
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Nazar Kalayji, Provident Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG19165436
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG19165436
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