$2,575,000
●
House -
Off Market
291 Walnut Street
Costa Mesa, CA 92627
5 Beds
2 Baths
3,231 Ft²
$3,885,574
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
A perfect combination of elegance and functionality, with an
astounding attention to detail, this immaculate 5 bedroom, 4
bathroom home with 3 car garage is a testament to quality
construction and design. The open concept floorplan flows
seamlessly throughout with a focus on indoor/outdoor living
accentuated by pocket doors along the front, rear and California
room. The designer kitchen features GE Monogram appliances,
white oak open shelving, Walker Zanger tile, Calacatta marble and a
custom walk in pantry complete with white oak bar top. The master
suite is a combination of tranquility and warmth with white oak
beams, vaulted ceilings, custom concrete fireplace, his/hers
walk-in closets and a master bathroom featuring an expansive
glassless walk-in shower, free standing tub and beautiful marble
dual vanity. Not only is this home the picture of elegant living,
but it is a smart home complete with Shade Store motorized shades,
dual zoned AC, Sonos speaker system inside and out, and exterior
cameras. With too many features to list, you will have to come see
for yourself!
Unit Size
3,231 Ft²
Days on Market
88 days
Land Size
0.15 acres
Price per sqft
$820
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016
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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 #NP19108195)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2019 | Sold | ||
| Sold | |||
| May 9, 2019 | Listed by Villa Real Estate | $2,650,000 | |
| Listed by Villa Real Estate | |||
Property Highlights
Garage
Air Conditioning
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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Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Costa Mesa
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: AJ Olson Whitfield, Villa Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP19108195
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP19108195
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