$945,000
●
House -
Off Market
24275 Cortes Drive
Dana Point, CA 92629
4 Beds
3 Baths
1,932 Ft²
$1,537,937
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
LOCATED NEXT TO MONARCH BEACH WITH PANORAMIC OCEAN, NIGHTLIGHT, AND
MOUNTAIN VIEWS, THIS TWO STORY HOME IN THE SUNSET HILL DEVELOPMENT
INCLUDES 4 BEDROOMS, 3 BATHS, AND A FAMILY ROOM. THE KITCHEN
HAS BEEN UPDATED WITH NEWER CABINETRY AND GRANITE COUNTER TOPS.
THE LIVING ROOM INCLUDES VAULTED CEILINGS AND A LARGE DINING
ROOM AREA. A SPACIOUS FRONT YARD AND LONG DRIVEWAY WITH A 2
CAR ATTACHED GARAGE PLUS A CUL-DE-SAC LOCATION AND NO DUES OR
CC&R'S ADD TO THE SPECIAL FEATURES. THE BACK YARD
INCLUDES WONDERFUL OCEAN, SUNSET, AND SERENE CANYON VIEWS.
WITH ROOM TO EXPAND, THIS IS A SUPERB LOT AND LOCATION FOR
THE BUYER WHO WANTS TO REMODEL WITH A HOME NEAR THE OCEAN, THE
MONARCH BEACH RESORT AND THE LINKS GOLF COURSE PLUS JUST MINUTES
THE THE MARINA AT DANA POINT.
Unit Size
1,932 Ft²
Days on Market
127 days
Land Size
0.10 acres
Price per sqft
$543
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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 #LG19088500)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 1, 2020 | Price Increased |
$1,330,000
↑ $5K
(0.4%) | |
| Price Increased | |||
| Oct 24, 2020 | In contract | - | |
| In contract | |||
| Oct 24, 2020 | Price Increased |
$1,325,000
↑ $26K
(2%) | |
| Price Increased | |||
| Oct 14, 2020 | Listed | $1,299,000 | |
| Listed | |||
| | |||
|
This VIEW would keep Bob Ross busy for weeks! You can see EVERYTHING from here: The Ocean over Monarch Beach all the way to Palos Verdes, the top of Monarch Summit, the city lights of Laguna Niguel, the snow on top of Saddleback Mountain, all the way to the hills of Camp Pendleton. And it's just a 1.2 mile walk from this private culdesac porch to the sand at Salt Creek Beach. This showpiece has been remodeled from stem to stern; not a thing left undone, and all done with fastidious care. This list of upgrades reads like the Magna Carta - you'll need to see it to believe it. Come quick, but cancel your day-plans 'cause you'll most certainly want to stay. The manager has listed the unit size as 1932 square feet.
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Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Dana Point
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Listed by: Connie McKibban, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# LG19088500
Last Updated: 4 months ago
Data Source: CRMLS, MLS# LG19088500
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