$3,600,000
●
House -
Off Market
2507 Lighthouse Lane
Corona Del Mar, CA 92625
3 Beds
2 Baths,
1
Half Bath
2,578 Ft²
$5,648,545
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Ocean View Upper Tier Single Story Broadmoor Hills Estate located
in the Corona del Mar Area of Newport Beach. Enter From a
Double Door Entry and a Lush Landscaped Courtyard with a Private
Pool/Spa Awaits you. French Doors Allow Access into 2,578
Square Feet of Living Space, Encompassing a Great Room with
Built-ins, Vaulted Ceiling, and Formal Living Room. The Home
Offers Three Bedrooms Including a Large master Suite.
Stunning Sit Down Views of the Balboa Pavilion, City Lights,
Ocean, Newport Harbor, and Catalina Island Can Be Enjoyed
Throughout the Common Areas, as Well as From an Inviting Back Patio
Which Offers a Built-in Barbecue Area. Walking Distance to
Gelson's Market, Fashion Island, and the Corona del Mar Village.
Within a Short Distance, You Have Crystal Cove State park
Which has 3674 Acres of Protected natural Beauty Which is Used For
Horseback Riding, Hiking, Camping, and Beaches. Fashion
Island, Big Corona Beach, The Village, and Airport, There is Little
Left to be Desired in this Meticulously Maintained Corona del Mar
Estate.
Unit Size
2,578 Ft²
Days on Market
108 days
Land Size
0.23 acres
Price per sqft
$1,532
Property Type
House
Property Taxes
-
HOA Dues
$288
Year Built
1967
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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 #OC19273112)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 16, 2020 | Sold | ||
| Sold | |||
| Nov 29, 2019 | Listed by RE/MAX Fine Homes | $3,950,000 | |
| Listed by RE/MAX Fine Homes | |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Corona del Mar
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Listed by: Lee Ann Canaday, RE/MAX Fine Homes
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19273112
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19273112
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