For SaleRisky Deal189 days on market
2 Coral Rdg
2 Coral Rdg, Newport Coast, CA 92657, Newport Coast, CA 92657
$62,000,000
Estimate®:$65,843,900$3,843,900 Under Market
Listing Price
2 Coral Rdg, Newport Coast, CA 92657
Loc: Newport Coast, CA
Days Listed
189
Tax Assessed
$58366k
Estimate®
$65844k
6% Under Valued
Lot Size
0.73 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Harbor View Elementary School
K-6
2.9 mi away
8
Corona Del Mar High School
7-12
4.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Residential, Single Family Residence2014Central, Fireplace(s)Central Air, Zoned10 Attached Garage spaces$1,515 monthly0.73 Acres189 Days$3,080
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.09%
Total ROI
91.1%
Cash Flow
$-7,264/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-7,264/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Newport Coast
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-03-18 | Listed for sale | $62,000,000 | $3,080 |
| 2022-10-20 | Sold | $55,000,000 | $2,732 |
| 2013-07-01 | Sold | $4,180,000 | $208 |
| 2011-02-18 | Sold | $3,700,000 | $184 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $58,366,440 |
| 2025 | $611,076 | $57,222,000 |
| 2024 | $607,398 | $56,100,000 |
| 2023 | $593,421.56 | $55,000,000 |
| 2022 | $163,115.23 | $14,979,809 |
| 2021 | $160,125.23 | $14,686,088 |
| 2020 | $158,903.62 | $14,535,501 |
| 2019 | $158,903.62 | $14,250,492 |
| 2018 | $156,161 | $13,971,071 |
| 2017 | $151,610.27 | $13,697,129 |
| 2016 | $151,610.27 | $10,701,681 |
| 2015 | $119,779.86 | $6,753,306 |
| 2014 | $50,107.36 | $4,180,000 |
| 2013 | $0 | $3,849,480 |
| 2012 | $0 | $3,774,000 |
| 2011 | $0 | $125,556 |
| 2010 | $0 | $124,618 |
| 2009 | $0 | $124,915 |
| 2008 | $0 | $122,466 |
| 2007 | $0 | $120,065 |
| 2006 | $0 | $117,711 |
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