Updated Dec 21, 2023
Calvin Ngyuen Acquires SFR In Orange County For $3.725M
1601 Port Barmouth Place, Newport Beach, California 92660, United States
$3,725,000
$780/SF
Building Size
4,771 SF
Asset Type
Single Family Residence
Closing
Mar 17, 2022
About this deal
AI
A single-family home located at 1601 Port Barmouth Pl. in Orange County recently sold for $3,725,000. The property spans 4,771 square feet, resulting in a price per square foot of $780. The sale took place on 03/18/2022, and the transaction was facilitated by broker Michael Mena of Harcourts Prime Properties. The buyer was Calvin Ngyuen, and the seller was Anna-Lisa Stonehill. The home was sold off-market and dually represented. It is worth noting that an offer was accepted within 72 hours of discovering the property.
Summary of Transaction Details
- Property Type: Single-Family Home
- Transaction Amount: $3,725,000
- Address: 1601 Port Barmouth Pl.
- Market: Orange County
- Square Footage: 4,771
- Price per Square Foot: $780
- Buyer: Calvin Ngyuen
- Seller: Anna-Lisa Stonehill
- Broker: Michael Mena - Harcourts Prime Properties
The sale of this property was completed swiftly, with an offer being accepted within a short timeframe. If you are in need of quick and efficient assistance in your own real estate endeavors, feel free to reach out.
Players
Newport Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $780 per square foot on a published $3.7M for 4,771 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.26%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93