$899,000
●
House -
Off Market
2390 Fordham Drive
Costa Mesa, CA 92626
3 Beds
2 Baths
1,762 Ft²
$1,361,671
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
ENTERTAINER'S DREAM. Welcome home to 2390 Fordham in College Park.
This single level, ranch style home is situated on an oversized
CORNER lot! Featuring a combination of hardwood and travertine
flooring and 1,762 SF of functional living space, this home boasts
upgrades throughout. The Chef's kitchen comes complete with
an added Butler's pantry and extra prep sink. With an open
floor plan concept, the dining room extends out onto the huge
additional family room. Escape into the backyard that is designed
for gathering with an expansive covered patio and built-in water
feature. Two separate and detached finished sheds with electrical
and AC can be used for outdoor offices, art studios, or even
mini-gyms! Centrally located in the heart of Costa Mesa and a short
bike ride to the best beaches Orange County has to offer, come
quick!
Unit Size
1,762 Ft²
Days on Market
40 days
Land Size
0.17 acres
Price per sqft
$510
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: 5 months ago (CRMLS #NP18230656)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2018 | Sold | ||
| Sold | |||
| Sep 21, 2018 | Listed by Douglas Elliman Of California, | $899,000 | |
| Listed by Douglas Elliman Of California, | |||
Property Highlights
Garage
Air Conditioning
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
Beds
Baths
ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Costa Mesa
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Listed by: Michelle Wahler, Douglas Elliman Of California,
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP18230656
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP18230656
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