1
Map
$2,430,000
●
House -
Off Market
8 Veranda
Newport Coast, CA 92657
3 Beds
2 Baths,
1
Half Bath
2,812 Ft²
$3,935,062
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
As one of the more secluded sites in the community of Pacific
Ridge, this spacious Belcara Plan 2 offers ocean views throughout
the property. This 3 bedroom plus office, 2 ½ bath home boasts a
main floor master suite with french doors that open to a relaxing
backyard. The family room and kitchen have an open layout and the
formal dining room allows for elegant entertaining with french
doors that open to the courtyard. As you proceed up the decorative
iron staircase leads to 2 bedrooms, a full bathroom and an
oversized room that can function both as an office or a 4th
bedroom, and includes a deck with additional ocean views. Enjoy a
glass of wine by the outdoor fireplace in the lusciously landscaped
backyard entertaining area with multiple water features and
built-in barbeque. This home has been recently refreshed with new
carpet, paint, and staging. You won't want to miss one of the more
private and peaceful locations that this exclusive community has to
offer.
Unit Size
2,812 Ft²
Days on Market
138 days
Land Size
0.13 acres
Price per sqft
$924
Property Type
House
Property Taxes
-
HOA Dues
$542
Year Built
2004
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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 #OC18133019)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2018 | Sold | ||
| Sold | |||
| Jun 6, 2018 | Listed by Compass | $2,598,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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 Newport Coast
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Listed by: Parmis Shirk, Compass
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18133019
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18133019
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