$750,000
●
House -
Off Market
2235 Meyer Place
Costa Mesa, CA 92627
3 Beds
2 Baths
1,630 Ft²
$1,260,667
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model
About This Property
Traditional home with mountain feel. Has been expanded to ensure
quality lifestyle. Car enthusiasts, boaters, woodworkers, artists
and shop people will love 630 sqft building in the backyard, which
is accessible down the side of the house. Garage in back is 21x
30ft with a 16x8 door, includes a 60 gallon air compressor, 50 amp
subpanel, 50 foot pulldown air house, 2 connections, loft storage
and plumbing. RV Parking. 6 car parking in driveway. Huge great
room with vaulted ceilings, a wonderful space for gathering, Viking
stove. New windows and insulation. New 100 amp electric panel. 10
year old roof. Use your imagination with the massive detached
garage in the rear (sized like a guest house, or dance or art
studio).
Unit Size
1,630 Ft²
Days on Market
154 days
Land Size
0.18 acres
Price per sqft
$490
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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 #NP17178679)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 4, 2018 | Sold | ||
| Sold | |||
| Aug 3, 2017 | Listed by HANOLD PROPERTIES | $799,000 | |
| Listed by HANOLD PROPERTIES | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Costa Mesa
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: George Hanold, HANOLD PROPERTIES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP17178679
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NP17178679
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