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300 Esther
About This Property
Inside, the open great room makes an immediate impression with vaulted plank-style shiplap ceilings, exposed beams, abundant natural light, and a fireplace. New luxury vinyl wood flooring and baseboards run throughout, while the completely remodeled kitchen features quartz countertops, new custom cabinetry, stainless steel appliances, and a new Frigidaire refrigerator with water and ice maker. A reconstructed oversized island anchors the kitchen, dining, and living areas, with contrasting shiplap detailing that complements the ceiling above and adds another layer of architectural character.
French doors extend the living space outdoors to a spacious backyard with a patio and pergola, creating an inviting setting for outdoor dining, entertaining, and relaxing. The wraparound corner lot also offers a generous side yard, gated front yard, and planter boxes ready for vegetables, herbs, and flowers.
Additional highlights include a new electrical panel, central air conditioning, recessed lighting, an attached two-car garage, and epoxy garage flooring. Ideally located in the heart of Eastside Costa Mesa, the home is minutes from Upper Newport Bay trails, 17th Street dining and shopping, neighborhood parks, and the beaches and amenities of Newport Beach. Located within the Newport-Mesa Unified School District and near Woodland Elementary, Ensign Intermediate, and Newport Harbor High School, 300 Esther Street offers a compelling combination of fresh design, established neighborhood character, and an exceptional coastal location.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Relisted | $2,199,900 | |
| Relisted | |||
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Sep 8, 2026 | Listed by Coldwell Banker Realty | $2,199,900 | |
| Listed by Coldwell Banker Realty | |||
| Jul 16, 2026 | Sold | ||
| Sold | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017