$730,000
●
House -
Off Market
2327 Colgate Drive
Costa Mesa, CA 92626
3 Beds
1 Bath,
2
Half Baths
1,714 Ft²
$1,134,620
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Fantastic OPPORTUNITY to own a single-level POOL home in desirable
COLLEGE PARK! With 3 bedrooms, 2.5 baths and 1714 sf, this roomy
home could easily become your dream home. The pool is conveniently
set in a private tropical paradise in the front yard, leaving a
huge backyard to play, garden and more. The lot is 7,000 sf -
nearly double the space that new construction offers. Vaulted
ceilings in the living area provide a cool mid-century style. Extra
bonus room could be redesigned into the ultimate master suite.
Currently part of the garage has been converted into a guest
room/lanai, which is great for guests. The other portion of the
garage has plenty of storage. Amazing value with location,
location, location! Located near freeways, schools, dining,
world-class shopping, parks and close to the beach. Walk to
the Orange County Fair Grounds. Sold AS-IS, no termite. Not a
foreclosure. No HOA, no Mello Roos. Don't miss out!
Unit Size
1,714 Ft²
Days on Market
85 days
Land Size
0.16 acres
Price per sqft
$438
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 #PW18090206)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 13, 2018 | Sold | ||
| Sold | |||
| Apr 19, 2018 | Listed by Villa Real Estate | $749,900 | |
| Listed by Villa 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
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Listed On
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Closing Price
Sold On
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HOA + Taxes
About Costa Mesa
Similar Homes for Sale
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Listed by: Holly Schwartz, Villa Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW18090206
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW18090206
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