$849,900
●
House -
Off Market
839 Towne Street
Costa Mesa, CA 92627
5 Beds
3 Baths,
1
Half Bath
1,990 Ft²
$1,340,977
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model
About This Property
-2 Huge Master bedrooms equal size-easy to rent -Previously priced
at $899k- Seller says sell! LOWEST PRICE HOME in the neighborhood-
SFR- From the pages of custom home magazines! Feel the Ocean
Breeze! TURNKEY! SINGLE LEVEL -$100,000 in recent UPGRADES!
Sprawling 5 bedroom family home ,including 2 Master
Bedrooms -1 mile from the Beach! So affordable -No HOA! No Mello
Roos! Newport Mesa School District! Entertainer's Dream
Kitchen with marbled granite counters with Breakfast Bar and
plenty of counter space for family events. Home has a brand
new roof and recessed lighting throughout under gorgeous living
room. Very RARE to find two large master bedrooms ... perfect
for mother in law or older child to have private space or purchase
as an investment and rent the space. 5 Big Bedrooms!
UPGRADES GALORE! Italian ceramic tile and wood floors,
Bathrooms with custom slate showers , granite countertops and
state of the art features. Complete House fan for cooling and ocean
breezes! This home is a true MUST SEE! . Large backyard on
quiet street ,fully fenced with covered courtyard Situated in
a great location only short distance from the ocean, close from
Newport Beach pier, walking distance to Canyon Park, and minutes
from Triangle Square and other shopping and dining areas. Also near
to the Costa Mesa Golf Course! Hurry!! Properties in this
excellent neighborhood do not last!
Unit Size
1,990 Ft²
Days on Market
82 days
Land Size
0.19 acres
Price per sqft
$427
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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 #OC17233514)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 1, 2018 | Sold | ||
| Sold | |||
| Oct 11, 2017 | Listed by Luxre Realty, Inc. | $849,900 | |
| Listed by Luxre Realty, Inc. | |||
| Jul 29, 2017 | Listed | $850,000 | |
| Listed | |||
| | |||
|
From the moment you arrive, you will absolutely love this beautiful Costa Mesa home located in the excellent Newport-Mesa school district. With over $100,000 in upgrades including a new roof, this home features a spacious, completely updated kitchen with family dining area; gorgeous living room with recessed lighting; and dual master bedrooms with custom showers. A great private backyard with a courtyard patio, beautiful mature fruit trees, and vibrantly green grass, it's an ideal space to entertain family and friends. You will love the gorgeous natural light that spills in on warm, sunny days, creating a very natural ambiance throughout this home. Spacious bathrooms have beautifully marbled granite countertops. Situated in a great location only 1.5 miles from the ocean, 3 miles from Newport Beach pier, walking distance to Canyon Park, and minutes from Triangle Square and other shopping and dining areas. Also close the the Costa Mesa Golf Course! Hurry!! Properties in this excellent neighborhood do not last! The manager has listed the unit size as 1990 square feet.
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Costa Mesa
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Listed by: Michael Miller, Luxre Realty, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC17233514
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC17233514
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