$985,000
●
House -
Off Market
302 22nd Street
Costa Mesa, CA 92627
3 Beds
2 Baths
1,767 Ft²
$1,473,398
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Custom home on large corner lot lovingly cared for by owners.
Spacious formal living room with bay window, fireplace and custom
built-in lighted display cabinets. Family kitchen opens to
the family room and boasts Kitchenaide appliances with 5 burner gas
range, oven., microwave, dishwasher, refrigerator & solid surface
counters & pantry. French doors in the family room open to a
private backyard with mature vegetation. Owners have
installed , central A/C, tankless water heater, a new furnace,
sewer connection from the home to the street has been replaced, new
insulation, new carpet Kitchenaide dishwasher and a Master Lift
garage door opener. Bathrooms have granite counters and
Travertine floors. Extra large 2 car garage with RV area with
electronic gate. Current owner has spent over $45,000 in
improvements to this lovely home since May of 2016 purchase. Great
east side location, close to 17th St. shopping and restaurants,
beaches & Newport nature preserve.
Unit Size
1,767 Ft²
Days on Market
27 days
Land Size
0.18 acres
Price per sqft
$557
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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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: 4 months ago (CRMLS #PW19037342)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2019 | Sold | ||
| Sold | |||
| Feb 27, 2019 | Listed by First Team Real Estate | $985,000 | |
| Listed by First Team 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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ft²
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HOA + Taxes
About Costa Mesa
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Listed by: Ann Tuler, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19037342
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19037342
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