2272 Columbia Drive
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2020 | No longer available | - | |
| No longer available | |||
| Jan 30, 2020 | Listed | $829,000 | |
| Listed | |||
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Whether you're looking for a great investment property that rents for nearly $4,000/month, or a completely renovated house to call home in Costa Mesa, look no further. New Kitchen, new bathrooms, new flooring, new appliances, new landscaping and a fresh vibe, make this home a thumb stopper online. Three spacious bedrooms with great natural light, and two full baths with Bluetooth enabled speakers throughout, help your tenants, or family members, feel right at home. For the backyard entertainers, the Viking barbecue (included) on the back patio will get the party started on those beautiful California days. Whether you're rooting for the Niners or the Chiefs, 2272 Columbia Dr. is for winners. https://www.instagram.com/p/B7WOi5bpFHz/ The manager has listed the unit size as 1296 square feet.
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| Jan 13, 2019 | No longer available | - | |
| No longer available | |||
| Oct 30, 2018 | Listed | $829,450 | |
| Listed | |||
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Welcome to 2272 Columbia in College Park, #Costamazing. This single level ranch home has been remodeled throughout. Interior features include new plumbing and wiring, new HVAC system and Tankless Water Heater, hardwood Bamboo flooring, vaulted ceilings and an open floor plan concept. Entertain in the brand new kitchen with white Italian marble countertops, shaker style cabinets and high end, stainless steel appliances. Black iron french doors open to your large yard including a stainless Viking Grill. Each back bedroom features new sliding doors to the double wide side yard and included in the master is a charming barnyard door to bath with cultured marble flooring. Minutes from access to major freeways, South Coast Plaza, the OC Fairgrounds and all the best beaches Orange County has to offer, come quick! The manager has listed the unit size as 1300 square feet.
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| May 8, 2018 | Sold | ||
| Sold | |||
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About Costa Mesa
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Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18073740
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