$836,000
●
House -
Off Market
2320 Colgate Drive
Costa Mesa, CA 92626
3 Beds
1 Bath,
1
Half Bath
1,216 Ft²
$1,181,513
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Welcome home to 2320 Colgate in College Park! Located on a quiet,
interior part of the neighborhood, this 3 bedroom home has vaulted
ceilings, wood laminate flooring and large windows throughout. The
kitchen features a Viking range, freshly painted white cabinets and
peninsula with bar seating peering into the family room. A finished
fireplace provides a focal point for the great room and a finished
sunroom allow for an abundance of natural light. Direct access into
the two car garage and an extended driveway allow for plenty of
parking. Entertain in the private yard lined with fruit trees!
Centrally located to the OC Fairgrounds, dining off 17th street,
South Coast Plaza and the best beaches Orange County has to offer,
come quick!
Unit Size
1,216 Ft²
Days on Market
103 days
Land Size
0.15 acres
Price per sqft
$688
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 #OC20016133)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2020 | Sold | ||
| Sold | |||
| Jan 23, 2020 | Listed by Douglas Elliman of California | $836,000 | |
| Listed by Douglas Elliman of California | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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Sold On
Sold On
HOA + Taxes
About Costa Mesa
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Listed by: Christine Morgan, Douglas Elliman of California
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC20016133
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC20016133
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