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Map
$1,184,750
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House -
Off Market
2871 Stromboli Road
Costa Mesa, CA 92626
5 Beds
2 Baths,
1
Half Bath
2,750 Ft²
$1,839,928
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
PENDING SALE WITHIN 6 DAYS OF LISTING! Rarely available opportunity
for this great 5 bedroom residence on a large wrap around corner
lot in Mesa Verde's much-desired "Inner Loop"! Updated kitchen and
bathrooms including stainless steel appliances & granite, cozy
breakfast nook, formal dining room, formal living room, 3 room
entry level master suite including a 2nd fireplace and a spa
bathtub. Also walk-in closets and built-in cabinets too. Beautiful
flowing floor plan leading to the lushly planted grounds with an
expansive covered patio, fruit trees, rolling lawns, a putting
green, a secret vegetable garden and even a 14 x 21' RV area on the
side. Year around pleasure in this amazing location with coastal
breezes! All this and near Mesa Verde Golf & Country Club, Costa
Mesa Country Club, world-class shopping, fine restaurants, outdoor
cafes, bike trails, schools, parks, freeways, John Wayne Airport,
the spectacular Performing Arts Center and miles of sandy beaches
and sparkling bays!
Unit Size
2,750 Ft²
Days on Market
44 days
Land Size
0.20 acres
Price per sqft
$436
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: 5 months ago (CRMLS #NP18040581)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 6, 2018 | Sold | ||
| Sold | |||
| Jan 22, 2018 | Listed by Coldwell Banker Res. Brokerage | $1,199,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Costa Mesa
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jennifer Pritchett, Coldwell Banker Res. Brokerage
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP18040581
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP18040581
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