348 Hamilton Street
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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2026 | Sold | ||
| Sold | |||
| Jan 21, 2026 | In contract | - | |
| In contract | |||
| Dec 20, 2025 | Listed by David Buster, Broker | $1,450,000 | |
| Listed by David Buster, Broker | |||
| | |||
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Don't let this one slip away! Located close to everything in the heart of Costa Mesa, nothing has been untouched at this one-story, crisp, clean and charming mid-century family home. On offer is a 3 bedroom / 2 bath house with an interior that boasts more than 1,400 SQ FT and has lots of natural light which is optimized by the free-flowing floor plan with a kitchen that opens to the dining and family room. The amenities are endless with lots of storage, dual closets in the large master suite, kitted out with a custom closet organization system, and French doors that lead out to the expansive private outdoor space in both the front and backyard. This home has been recently remodeled and updated, even more from when it was last on the market! Items such as a brand new roof, new water heater, brand new PEX-pipping throughout house, newly upgraded and enhanced electrical panel, electric car charging capabilities and even better updates and features such as a heated bidet and dedicated cup washer at the kitchen sink! ~A/C has been added!~ The curb appeal is stunning, you'll love your fruit trees in the back yard (lemon, lime and tangerine) as well as the brand new Trader Joes right down the street! Conveniently located next to the Bayview Trail, Costa Mesa's 17th Street, Northgate Market, Lido Isle, Triangle Square, South Coast Plaza, freeways and John Wayne airport. It doesn't get better than this! And did we mention Google Nest in included too!
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| May 24, 2019 | Sold | ||
| Sold | |||
| Dec 14, 2018 | Listed by Arbor Real Estate Professional | $798,000 | |
| Listed by Arbor Real Estate Professional | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017