$857,990
●
Condo -
Off Market
655 Wedge #103
Costa Mesa, CA 92627
3 Beds
3 Baths,
2
Half Baths
2,051 Ft²
$1,338,766
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
Brand NEW energy-efficient condominium ready in July 2018! Located
in the heart of Costa Mesa, 17 West offers easy access to the 55,
the 405 and the 5 freeways for a simplified commute,and is
approximately one mile from the ocean. Entertain friends and family
on the living room deck or spend the afternoon at one of
Orange County's many favorite beaches. This three level home with a
fourth level rooftop terrace comes with a live work unit, powder
bath and two car garage on the first level. Going upstairs, you
will find a spacious living room with a deck. The kitchen
includes an island, decorative back splash, Ice White quartz
countertops, Kitchenaid stainless steel appliances, single
stainless steel sink, and White Shaker stained cabinets. The dining
area and powder bath complete this level. The third level shows a
Master suite equipped with its own bathroom and walk-in closet, and
two extra bedrooms and full bathroom. A laundry area with a
stacked washer/dryer completes this level. Known for their
energy-efficient features, our homes help you live a healthier
lifestyle while saving you thousands of dollars in utility bills.
Unit Size
2,051 Ft²
Days on Market
127 days
Land Size
-
Price per sqft
$432
Property Type
Condo
Property Taxes
-
HOA Dues
$336
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 #OC18096622)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2018 | Sold | ||
| Sold | |||
| Apr 26, 2018 | Listed by Meritage Homes of California | $884,998 | |
| Listed by Meritage Homes of California | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Half Bathrooms: 2
Full Bathrooms: 3
Interior Features: Breakfast Bar, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Smart Home, Wired for Data, Walk-In Closet(s), LivingRoomDeckAttached, AllBedroomsUp, PrimarySuite, WalkInPantry
Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Dryer, Washer, WaterToRefrigerator
Door Features: Sliding Doors, InsulatedDoors
Laundry Features: Stacked
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 2051
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Firewall(s), Fire Sprinkler System, Smoke Detector(s), FireDetectionSystem, FireRatedDrywall
Property Condition: Under Construction
Architectural Style: Contemporary
Year Built Source: Builder
Year Built: 2018
Builder Name: Meritage Homes
Builder Model: Residence A1
Levels: Three Or More
Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
Construction Materials: Glass, Concrete, Spray Foam Insulation, Stucco, Drywall
Patio and Porch Features: Covered, Front Porch
Pool Features: None
Lot Features: StreetLevel
Lot Size Units: Square Feet
Tax Lot: 103
Water Source: Public
Utilities Details
Cooling Type: Central Air, ENERGY STAR Qualified Equipment, HighEfficiency
Heating Type: Central, ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds, Barbecue, Picnic Area, BocceCourt, FirePit, OutdoorCookingArea
HOA Fee: $336
HOA 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 |
|---|---|---|---|---|---|---|---|
|
12/13/2019
| |
3 Bed
|
2 Bath
|
2057 ft²
|
$899,999
3 Bed
2 Bath
2057 ft²
|
$940,750
+4.53%
01/24/2020
|
George Hanold
Times Real Estate CA
|
|
04/26/2018
|
3 Bed
|
3 Bath
|
2051 ft²
|
$884,998
3 Bed
3 Bath
2051 ft²
|
$857,990
-3.05%
08/31/2018
|
Philip Bodem
Taylor Morrison Services, Inc
|
Building Info
About Costa Mesa
Similar Homes for Sale
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Listed by: Philip Bodem, Meritage Homes of California
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18096622
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18096622
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