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$970,000
●
House -
Off Market
306 Vista Suerte
Newport Beach, CA 92660
3 Beds
2 Baths
1,386 Ft²
$1,303,763
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Nestled against the Upper Newport Bay Nature Preserve, the
community of the Bluffs offers its residents a tranquil escape from
the hustle and bustle of suburban life. This single story,
end unit has been freshly painted and awaits your arrival. As
you enter you will gaze upon a light and bright floor plan with
skylights that bathe the interior in natural light. The
spacious kitchen features granite counters, an abundance of cabinet
space, stainless steel appliances and an eat-at island. Open
the patio doors to create an indoor outdoor dining atmosphere.
Stay productive in the study featuring gorgeous
built-ins. The owner's bedroom enjoys dual closets. The
attached 2 car garage makes parking a breeze and adds extra storage
space. Enjoy the idyllic Coastal climate all year long on the
private patio or side yard. Close to the clubhouse and pool
too. Minutes from Newport Beach beaches, quaint Balboa
Island, Fashion Island and many shopping, dining and entertainment
venues.
Unit Size
1,386 Ft²
Days on Market
82 days
Land Size
0.06 acres
Price per sqft
$703
Property Type
House
Property Taxes
-
HOA Dues
$275
Year Built
1970
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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 #OC20126673)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2020 | Sold | ||
| Sold | |||
| Jul 27, 2020 | Listed by Redfin | $975,000 | |
| Listed by Redfin | |||
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
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Newport Beach
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Listed by: Michelle Fullbright, Redfin
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC20126673
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC20126673
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