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2798 Francis Lane
About This Property
Inside, the home features remodeled bathroom vanities, updated plumbing, and new door hardware throughout, delivering a cohesive and elevated finish. Vaulted ceilings and added natural light enhance the main living areas, creating an open, airy environment that feels both comfortable and refined. The layout offers a natural flow between living, dining, and kitchen spaces, ideal for everyday living and entertaining.
Additional improvements throughout the home add both style and practicality, making it truly move-in ready. The backyard provides a private setting perfect for relaxing or hosting guests, all while enjoying the peaceful, low-traffic location.
Ideally situated near the OC Fairgrounds, TeWinkle Park, local dining, and shopping, with easy access to the 55, 73, and 405 freeways, this home offers a well-rounded blend of design, comfort, and convenience in the heart of Costa Mesa.
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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%.
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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 |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| May 28, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Listed by Kase Real Estate | $1,695,000 | |
| Listed by Kase Real Estate | |||
| Dec 4, 2017 | Sold | ||
| Sold | |||
| Oct 23, 2017 | Listed by RE/MAX TerraSol | $780,000 | |
| Listed by RE/MAX TerraSol | |||
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Meticulously and Wonderfully Designed and Remodeled to Perfection! Owner Designed and Upgraded this One-of-a-Kind-Home to last for a Lifetime! He created numerous special features throughout the living space and broadened the ceilings for a Modern Vaulted feel with additional natural light. Radiant barrier in attic, insulted exterior walls and new attic insulation. Beautifully landscaped front and back yard with low maintenance Drought Tolerant, Desert and hard-scape features. Standing Seam black Metal Roof with Contemporary gutters and Rain Barrels. New Board and Batten siding and smooth plaster. Rear patio drains. Kitchen prepped for deep refrigerator, 2 pop up convenience power outlets, work station and over-sized community island, custom cabinet faces and pulls, appointed kitchen lighting and skylights, double oven, lower microwave, space for beverage center, generous storage and concealed drawers, brand new hood, sink and on and on...you must see it in person to get the gravity of the attention to detail and love given to this house.
This home is situated on an extremely quiet street. It's an inner tract home with limited through traffic.
Located near the famous Orange County Fairgrounds, TeWinkle Park, Volcom Skate Park, and the Costa Mesa Tennis Club and Dog Park. 55 fwy, 73 fwy & 405 fwy close without the noise.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017