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$3,315,000
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House -
Off Market
306 Hazel Drive
Corona Del Mar, CA 92625
4 Beds
5 Baths
4,141 Ft²
$5,213,354
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Situated on Buck Gully overlooking Little Corona beach, is this
4-bedroom, 5-bathroom home in sought after Corona del Mar.
With an aesthetic all its own – blending quaint vintage
cottages with luxurious newly built homes, Corona del Mar offers
residents the ultimate laid-back beach town living. Enjoy
walks along the bluffs of Ocean Blvd. with wide-open views of
Catalina Island and Newport Harbor, or stroll through the Village
filled with fine dining, bustling coffee shops and trendy
boutiques. The residence offers a tri-level floor plan,
coastal inspired interior and outdoor living spaces with stunning
ocean and canyon views. Formal and informal dining areas
make for ideal entertaining or plenty of room for gatherings.
Two spacious master suites offer private, secluded living
quarters. Enjoy close proximity to prestigious Pelican Hill
Golf Course, Fashion Island, Crystal Cove State Park, and John
Wayne Airport, and savor the very best that SoCal has to offer.
Unit Size
4,141 Ft²
Days on Market
40 days
Land Size
0.15 acres
Price per sqft
$891
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
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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 #PW20065285)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2020 | Sold | ||
| Sold | |||
| Mar 29, 2020 | Listed by Seven Gables Real Estate | $3,688,800 | |
| Listed by Seven Gables Real Estate | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Mar 10, 2020 | Relisted | $4,295,000 | |
| Relisted | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Corona del Mar
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Listed by: Jessica Searing, Seven Gables Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW20065285
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW20065285
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