$500,000
●
House -
Off Market
451 Whidbey Street
Morro Bay, CA 93442
2 Beds
0 Bath
700 Ft²
$737,964
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Every day is a vacation in this delightfully upgraded beach cottage
just two blocks from the sandy beach. Turnkey condition that shows
like a model. Mid Century influence provides high ceilings and lots
of light. Freshly updated kitchen and bath. Counter depth
French door refrigerator and convection oven range are the
headliners in the lineup of all new modern appliances.
Beautiful black quartz countertops add classic style. Eco-friendly
LED lighting adds to the sparkle. This whimsical yet practical
small home is a pleasant departure from the ordinary. Three private
brick patios provide cozy spots to enjoy the outdoors. Plenty of
room to store surfboards, kayaks and more. Verdant
landscaping includes drip irrigation and sprinklers on automatic
timers. On a quiet street surrounded by high-quality
neighboring homes. Feels larger than square footage might indicate.
Photos do not do it justice, this is a must see!
Unit Size
700 Ft²
Days on Market
240 days
Land Size
0.05 acres
Price per sqft
$741
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1945
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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 #SC19199007)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $549,000 | |
| Listed | |||
| | |||
|
Every day is a vacation in this delightfully upgraded beach cottage just two blocks from the sand. Mid Century influence provides high ceilings and lots of light. Freshly updated kitchen and bath. Counter depth French door refrigerator and convection oven range are the headliners in the lineup of all new modern appliances. Beautiful black quartz countertops add classic style. Eco-friendly LED lighting adds to the sparkle. Quality flooring is a combination of commercial grade linoleum and luxury vinyl planks. This whimsical yet practical small home is a pleasant departure from the ordinary. Three private brick patios provide cozy spots to enjoy the outdoors. Plenty of room to store surfboards, kayaks and more. Verdant landscaping includes drip irrigation and sprinklers on automatic timers. On a quiet street surrounded by high-quality neighboring homes. Feels larger than square footage might indicate. A must see! The manager has listed the unit size as 684 square feet.
| |||
| Aug 21, 2019 | Listed by David Rose Real Estate | $519,000 | |
| Listed by David Rose Real Estate | |||
Property Highlights
Fireplace
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Morro Bay
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Listed by: David Rose, David Rose Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SC19199007
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SC19199007
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