3337 Alabama Circle
About This Property
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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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Feb 13, 2025 | Listed by Real Brokerage Technologies | $1,699,000 | |
| Listed by Real Brokerage Technologies | |||
| Aug 29, 2023 | No longer available | - | |
| No longer available | |||
| Jul 25, 2023 | In contract | - | |
| In contract | |||
| Jul 12, 2023 | Listed by Compass | $1,398,000 | |
| Listed by Compass | |||
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Located on a double cul-de-sac, on a tree lined street in one of the best neighborhoods in Costa Mesa known as Mesa Verde. The curb appeal is apparent at first glance with white paint and black trim, dual-pane black frame windows, farmhouse lighting, upgraded landscaping, and a custom wood gate. This is one of the larger floor plans in the state streets encompassing four bedrooms and 3 full bathrooms. The feeling you get when you walk through the front door is warm and inviting with a neutral palette throughout. The formal living room is cozy with a black brick fireplace, vaulted ceilings and a skylight to allow an abundance of natural light. Unique light fixtures throughout the home add warmth and a modern touch. The kitchen was completely reimagined to create an open concept feel into the adjacent family room. Equipped with stainless steel appliances, plenty of storage, an oversized pantry, and a 6ft custom island. In addition there are two bay windows, one of them is above the farmhouse size kitchen sink and the next with seating looking out to the patio. The lower level is complete with a first floor bedroom, full bathroom, wood appearing porcelain tile and oversized double sliders that lead out to the fully renovated backyard. The backyard has synthetic turf, an extra high veranda style covered patio with a remote controlled fan, and a deck with composite tile floor to entertain and dine al-fresco all year round. Leading up to the second floor you will find a staircase with a fitted one of a kind designer runner. The Master suite is spacious with vaulted ceilings, two closets, an en-suite bathroom, dual vanities, and a glass enclosed shower with a private bathroom. The secondary bedrooms share a bathroom with a hallway between them. Some notable upgrades include a brand new roof in 2019 with "fully paid" for solar panels, new electrical panel, new air conditioner, new ducting, painted interior and exterior of the home, and a side door added to the garage to enjoy the ocean breeze while working in the garage. Come enjoy the neighborhood feel while being centrally located and minutes from world class shopping, great schools, easy freeway access, and Santa Ana River Trail which is approximately a fifteen minute ride to sandy beaches. What more could you ask for? Come envision your life in this stunning home. The manager has listed the unit size as 2190 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017