$500,000
●
Condo -
Off Market
6 Corniche #A
Dana Point, CA 92629
2 Beds
2 Baths
1,200 Ft²
$746,832
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Live your dream. Live at the beach! This stunning, secluded ground
floor, updated Monarch Beach condo offers a light and bright floor
plan with two over size bedrooms, two full baths, and recessed LED
lighting throughout. Formal living room has a cozy fireplace to
keep you warm on those breezy coastal nights. Separate formal
dining room for elegant entertaining. Enjoy a sunny galley kitchen
with granite counter tops and stainless appliances. Newer heat pump
and vanities to complete this hidden treasure property. This
profound condo is located in the prestigious guard gated community
of Ritz Pointe which boasts of resort-like amenities that will make
you feel like you are on vacation all year around!! They include
sparkling swimming pool, THREE spas (one with beautiful ocean
view), fitness center and clubhouse. Walk, bike or jog to beaches,
shops and one of two luxury hotels!!
Unit Size
1,200 Ft²
Days on Market
101 days
Land Size
-
Price per sqft
$425
Property Type
Condo
Property Taxes
-
HOA Dues
$453
Year Built
-
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Cap Rate Calculator
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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: 4 months ago (CRMLS #OC19167709)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2019 | Sold | ||
| Sold | |||
| Jul 16, 2019 | Listed by Pacific Sotheby's International Realty | $509,900 | |
| Listed by Pacific Sotheby's International Realty | |||
Property Highlights
Fireplace
Parking Details
Has Carport
Parking Features: Carport
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), SeparateFormalDiningRoom, AllBedroomsDown
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Laundry Features: Laundry Room, Outside
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 1200
Security Features: Carbon Monoxide Detector(s), Gated with Guard, Gated Community, 24 Hour Security, Smoke Detector(s)
Architectural Style: Mediterranean
Year Built Source: Assessor
Year Built: 1989
Levels: One
Patio and Porch Features: Patio
Pool Features: Association
Lot Size Units: Acres
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Heat Pump
Heating Type: Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Picnic Area, Pool, Spa/Hot Tub, Trash, Water, ControlledAccess, Guard
HOA Fee: $363
HOA Fee Frequency: Monthly
Condo/Coop Fee: $90
Condo/Coop Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/18/2022
|
2 Bed
|
2 Bath
|
1134 ft²
|
$809,900
2 Bed
2 Bath
1134 ft²
|
-
-
|
John Rennie
Pacific Sotheby's International Realty
| |
|
04/21/2021
|
2 Bed
|
2 Bath
|
1130 ft²
|
$649,900
2 Bed
2 Bath
1130 ft²
|
-
-
|
-
| |
|
07/16/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$509,900
2 Bed
2 Bath
1200 ft²
|
$500,000
-1.94%
10/25/2019
|
John Rennie
Pacific Sotheby's International Realty
| |
|
07/13/2017
| |
2 Bed
|
2 Bath
|
1130 ft²
|
-
2 Bed
2 Bath
1130 ft²
|
-
-
|
-
|
Building Info
About Dana Point
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Listed by: John Rennie, Pacific Sotheby's International Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19167709
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19167709
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