$815,000
●
House -
Off Market
2136 Republic Avenue
Costa Mesa, CA 92627
3 Beds
1 Bath
1,265 Ft²
$1,172,857
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Newly remodeled Freedom Tract home with the preferred floor plan is
now available. This home has already been remodeled and expanded to
1265 square feet with an open concept kitchen. The remodel includes
new kitchen, flooring throughout, can lighting as well as interior
and exterior paint. The bathroom has been tastefully updated and
the laundry is inside the home. Add on the detached 2 car garage
and you have plenty of living space with opportunities for future
expansion on this large 7200 square foot lot. This home is
beautiful as is and has a ton of potential down the road for the
next owner. Less than 2 miles from the ocean, walking distance from
Canyon and Fairview Parks and all that Costa Mesa and South
Huntington Beach have to offer.
Unit Size
1,265 Ft²
Days on Market
24 days
Land Size
0.17 acres
Price per sqft
$632
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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 #PW19184173)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2019 | Sold | ||
| Sold | |||
| Aug 2, 2019 | Listed by Realty One Group West | $799,900 | |
| Listed by Realty One Group West | |||
Property Highlights
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 Costa Mesa
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Listed by: Nickolas Engle, Realty One Group West
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19184173
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19184173
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