321 Ramona Place
About This Property
Luxury Live Auction! Bidding to start from $1,100,000! Perfect opportunity to live in East Costa Mesa! This 3 bedroom, 2 bathroom house is a great chance to buy and make it your own. The house features a HUGE Lot. This listing is centrally located to amazing schools, shopping, restaurants, and the beach. Don't miss your chance to make this listing your own in a highly sought after neighborhood!
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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 |
|---|---|---|---|
| May 26, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by Harcourts Prime Properties | $1,100,000 | |
| Listed by Harcourts Prime Properties | |||
| Jul 13, 2017 | Listed | $1,375,000 | |
| Listed | |||
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Conveniently located on one of the most enviable streets in Eastside Costa Mesa where the rear property perimeter line is Newport Beach, this "healing" Ranch style home has been adored for many years by an incredible family geared towards a Naturopathic lifestyle. An oversized lot hosts an expansive outdoor area with a large, immaculately groomed yard and a masterful organic garden, which boasted an array of organic vegetables enjoyed by the family for years. With 3 bedrooms, 2 baths, and a 4th bedroom currently used as an office, this updated single-level charming home features modern hardwood flooring throughout, abundant lighting, updated kitchen cabinetry, manmade slab counters, updated fixtures, central air-conditioning system and a forced-air heater along with fresh interior and exterior paint. A perfect SW exposure setup seamlessly integrates coastal breezes and plentiful sunlight into the living space. As an added bonus, a carport on the side of the house leads to a detached oversized two-car garage converted to an additional room with finished drywall, hardwood floor, abundant cabinetry, and an air-conditioning unit. The potential for this property is endless. Don't miss this rare opportunity to obtain a MASSIVE 8,438 square foot lot on this quiet, neighborly, cul-de-sac street with access to Newport-Mesa schools and only footsteps away from PCH, restaurants, Hoag Hospital, and so much more. The manager has listed the unit size as 1106 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017