1
Map
$3,450,000
●
House -
Off Market
3 Hermitage Lane
Newport Beach, CA 92660
5 Beds
3 Baths
3,844 Ft²
$5,388,787
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
A timeless Italian estate by renowned architect Robert Earl
situated on one of the finest tree-lined streets in Newport Beach.
Located in the exclusive community of Big Canyon, this single
level home sits on a private quarter of an acre lot with specimen
landscaping and views of the office buildings of Fashion Island.
Approximately 3,800 square feet of perfectly proportioned
rooms that strike the balance between grandeur and warmth.
Composed of the finest materials and craftsmanship including
imported granite, travertine, and exceptional solid core wood doors
throughout. The line between indoor and outdoor is blurred as
numerous French doors invite in the light and verdant gardens.
A private master suite, separate 3 bedroom children's or
guest wing along with an office or house manager's suite comprise
this expertly designed floor plan. Host intimate dinner
parties or larger gatherings in the great room, loggias and garden.
One of the finest estates in a truly exceptional community
nestled next to the world class dining and shopping destination of
Fashion Island.
Unit Size
3,844 Ft²
Days on Market
97 days
Land Size
0.27 acres
Price per sqft
$925
Property Type
House
Property Taxes
-
HOA Dues
$880
Year Built
2006
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #OC18049564)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2018 | Sold | ||
| Sold | |||
| Mar 1, 2018 | Listed by Nook Real Estate | $3,555,000 | |
| Listed by Nook Real Estate | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Newport Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ryan Doxey, Nook Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18049564
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18049564
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017