$485,000
●
Condo -
Off Market
72 Corniche Drive #F
Dana Point, CA 92629
2 Beds
2 Baths
1,200 Ft²
$844,129
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
Situated in the prestigious community of Ritz Pointe within walking
distance to Salt Creek Beach, St. Regis and Ritz Carton resorts.
Rarely available one story two bedroom and two bath end unit condo
with vaulted ceilings and NO STEPS entry location! Cozy fireplace
in the living room, separate dining area, two master bedrooms each
with a spacious walk-in closet. This unit has a separate storage
and laundry room. This property is a perfect beach-close investor
opportunity in an area of high vacation rental demand surrounded by
multi-milion dollar homes and five star's resorts. Community
amenities include direct access to Salt Creek Beach with trails
less than a mile walk or bike through the Monarch Beach links Golf
Course. Association clubhouse, pool, spas and GYM; one of the spas
has a breathtaking panoramic ocean view! This development is
located in a guard gated community.
Unit Size
1,200 Ft²
Days on Market
42 days
Land Size
-
Price per sqft
$416
Property Type
Condo
Property Taxes
-
HOA Dues
$420
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 #OC16120527)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2016 | Sold | ||
| Sold | |||
| Jun 2, 2016 | Listed by First Team Real Estate | $499,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Assigned, Covered, Guest, On Site, Private, Guarded, OneSpace
Interior Details
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s), Open Floorplan, Tile Counters, Walk-In Closet(s), Balcony, LivingRoomDeckAttached, Unfurnished, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary, MultiplePrimarySuites, PrimarySuite
Appliances: Dishwasher, Electric Cooktop, Gas Water Heater, Microwave, Refrigerator, Dryer, Washer, WaterToRefrigerator
Flooring Type: Carpet, Vinyl
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 1200
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Gated with Guard, Gated Community, 24 Hour Security, Smoke Detector(s)
Architectural Style: Contemporary
Year Built Source: Assessor
Year Built: 1989
Levels: One
Window Features: Double Pane Windows, Screens, Skylight(s)
Construction Materials: Concrete, Stucco, Wood Siding, Drywall
Patio and Porch Features: Deck, Enclosed, Wrap Around
Pool Features: Community, Fenced, Heated, In Ground, Association
Pool is Private
Lot Features: Greenbelt, Paved, PlannedUnitDevelopment, SprinklerSystem
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Game Room, Meeting Room, Pool, Recreation Room, Spa/Hot Tub, Security, Trash, Water, PetRestrictions, PetsAllowed, Guard
HOA Fee: $349
HOA Fee Frequency: Monthly
Condo/Coop Fee: $71
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 |
|---|---|---|---|---|---|---|---|
|
02/21/2023
|
2 Bed
|
2 Bath
|
1130 ft²
|
$795,000
2 Bed
2 Bath
1130 ft²
|
-
-
|
Kelly Edwards Rector
Keller Williams SELA
| |
|
05/27/2022
|
2 Bed
|
2 Bath
|
1130 ft²
|
$840,000
2 Bed
2 Bath
1130 ft²
|
-
-
|
Adam Nelson
Signature Real Estate Group
| |
|
06/21/2017
|
2 Bed
|
2 Bath
|
1154 ft²
|
$450,000
2 Bed
2 Bath
1154 ft²
|
$440,000
-2.22%
10/12/2017
|
Kimberly Hart
Hart Coastal Group
| |
|
06/02/2016
|
2 Bed
|
2 Bath
|
1200 ft²
|
$499,000
2 Bed
2 Bath
1200 ft²
|
$485,000
-2.81%
07/14/2016
|
Katarina Kuczera
First Team Real Estate
|
Building Info
About Dana Point
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,500 /mo
- 4 Beds
- 3 Baths
- 3,404 ft²
$6,995 /mo
- 3 Beds
- 2 Baths
- 1,250 ft²
Listed by: Katarina Kuczera, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC16120527
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC16120527
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