$1,800,000
●
House -
Off Market
700 Saint James Road
Newport Beach, CA 92663
3 Beds
1 Bath
1,102 Ft²
$2,781,398
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Located on an impressive 8,800 square foot lot, in the popular
Cliffhaven neighborhood sits 700 St. James Road. This
original three bedroom and one bathroom home offers a wonderful
opportunity to remodel or re-build on one of the most popular
streets Cliffhaven has to offer. While creating your plans,
it would be easy to live or rent out this classic 1950s cottage.
This lot is close proximity to top rated schools, world class
beaches, shopping and some of the best restaurants in town.
This location is second to none and with all the
possibilities, this home must be seen to appreciate!
Unit Size
1,102 Ft²
Days on Market
61 days
Land Size
0.20 acres
Price per sqft
$1,723
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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 #NP19188253)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Aug 21, 2024 | Listed by Kastell Real Estate Group | $3,650,000 | |
| Listed by Kastell Real Estate Group | |||
| | |||
|
Sold while processing. Sold in incomplete condition as reflected in final sales price.
| |||
| Feb 14, 2024 | No longer available | - | |
| No longer available | |||
| Jan 10, 2024 | Relisted | $3,495,000 | |
| Relisted | |||
| Dec 23, 2023 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Newport Beach
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Listed by: Timothy Carr, Villa Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP19188253
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP19188253
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