2634 Luminous Lane
About This Property
Step into the freshly painted kitchen, where a large center island takes center stage, perfect for culinary adventures and gatherings with family and friends. The kitchen boasts upgraded Maple Shaker cabinetry, sleek quartz countertops, and high-end Bertazzoni stainless steel appliances, complemented by a spacious Thermador refrigerator and freezer. The open layout seamlessly connects the kitchen to the living area, creating a harmonious flow that's ideal for both entertaining and everyday living.
A convenient downstairs bedroom ensures hosting guests or accommodating family members is both easy and comfortable. This home embodies a relaxed and welcoming vibe, making it a true sanctuary.
Upstairs, the large primary suite awaits, featuring dual sinks and dual spacious walk-in closets, adding a touch of luxury to your daily routine. An expansive loft offers endless possibilities, whether as a home office, gym, or home theater. Two additional bedrooms, a bathroom, and a laundry room complete the second floor, providing ample space for all your needs.
The private backyard is an entertainer's dream, equipped with a refrigerator, built-in barbecue, sink, and warming drawer. Whether hosting a BBQ or enjoying a quiet evening under the stars, the jacuzzi and outdoor shower add an extra layer of relaxation. Cozy around the fire pit at night and enjoy the peaceful and private backyard .
This charming community features a park with picnic tables and built-in barbecues. With low HOA dues and close proximity to some of Costa Mesa's finest dining and shopping options, this home offers both convenience and comfort.
Come see for yourself and imagine the possibilities of living on Luminous Lane.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | Listed by Compass | $1,628,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017