For SaleRisky Deal38 days on market
500 Cagney Ln APT 205
500 Cagney Ln APT 205, Newport Beach, CA 92663, Newport Beach, CA 92663
$550,000
Estimate®:$539,900
Listing Price
500 Cagney Ln APT 205, Newport Beach, CA 92663
Loc: Newport Beach, CA
Days Listed
38
Tax Assessed
$395k
Estimate®
$540k
Market Rate
Lot Size
5.94 acres
Rent Estimate
$2,894/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Newport Heights Elementary School
K-6
0.8 mi away
9
Horace Ensign Intermediate School
7-8
1 mi away
9
Newport Harbor High School
9-12
1.2 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
modernopen conceptwhite shaker cabinetsfarmhouse sinkstainless steel appliancesceiling fanbalconyindoor-outdoor flowneutral color paletteminimalistbrightkitchen islandsliding glass doorscontemporary
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.72%
Total ROI
39.8%
Cash Flow
$-1,147/mo
DSCR
0.60
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,147/mo net cash flow with a 3.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Newport Beach, CA
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-08 | Price change | $550,000 | $980 |
| 2026-09-04 | Price change | $585,000 | $1,043 |
| 2026-08-17 | Listed for sale | $599,000 | $1,068 |
| 2018-04-27 | Sold | $340,000 | $606 |
| 2018-03-28 | Pending sale | $340,000 | $606 |
| 2018-03-15 | Listed for sale | $340,000 | $606 |
| 2004-03-10 | Sold | $239,000 | $426 |
| 2001-06-29 | Sold | $125,000 | $223 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $394,596 |
| 2025 | $4,454 | $386,859 |
| 2024 | $4,378 | $379,274 |
| 2023 | $4,273.36 | $371,838 |
| 2022 | $4,198.42 | $364,548 |
| 2021 | $4,120.2 | $357,400 |
| 2020 | $4,080.18 | $353,736 |
| 2019 | $4,080.18 | $346,800 |
| 2018 | $4,001.86 | $298,640 |
| 2017 | $3,356.12 | $292,785 |
| 2016 | $3,356.12 | $287,045 |
| 2015 | $3,282.54 | $282,734 |
| 2014 | $2,917.54 | $253,000 |
| 2013 | $0 | $224,000 |
| 2012 | $0 | $224,000 |
| 2011 | $0 | $224,000 |
| 2010 | $0 | $239,000 |
Similar Properties Nearby
Explore other investment opportunities in Newport Beach.