Listed by: Sydney Gielow, Coldwell Banker Realty
$1,525,000
●
House -
Off Market
2829 Europa Drive
Costa Mesa, CA 92626
4 Beds
2 Baths
1,830 Ft²
$8,348
Est. Monthly
About This Property
Listening to all offers! This exceptionally well located and
private home with no neighbors behind you provides the new owner
with four bedrooms, two bath plus and office all on one level and
in move-in condition. Its previous family lived comfortably doing
moderate upgrades over the years. Freshly painted and with new
carpeting just installed it's ready for someone to come finish it
to their taste. Opportunities like this are rare in this
wonderfully established and highly desirable Mesa Verde community
of sprawling large lots where small tracts and custom homes are
strewn throughout ...sharing the beauty of public and private golf
courses, many parks and the river bike trail to the beach.
Residents enjoy many "famous" local shops and restaurants a short
stroll away and quick access to the beach and freeways. A little
further away but still a part of life in Mesa Verde are the world
class South Coast Plaza shopping center, the Huntington Beach and
Newport Beach piers, shops and restaurants. Once you experience the
conveniences and pleasures of this location you won't think of
moving again!
Unit Size
1,830 Ft²
Days on Market
54 days
Land Size
0.17 acres
Price per sqft
$929
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963
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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: 3 years ago (CRMLS #LG24145343)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Aug 26, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Listed by Coldwell Banker Realty | $1,700,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Fireplace
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 Costa Mesa
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Listed by: Sydney Gielow, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# LG24145343
Last Updated: 3 years ago
Data Source: CRMLS, MLS# LG24145343
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