11072 Jerry Lane
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 22, 2026 | Sold | ||
| Sold | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Price Increased |
$1,075,000
↑ $77K
(7.7%) | |
| Price Increased | |||
| May 8, 2026 | Listed by Torelli Realty | $998,000 | |
| Listed by Torelli Realty | |||
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Welcome to 11072 Jerry Lane, a beautifully maintained corner lot home offering an incredible combination of space, functionality, and versatility in the heart of Garden Grove. Situated on an expansive approximately 8,000 sqft lot, this property features rare RV parking, a covered carport, detached 2 car garage, and multiple driveway spaces with room for extra vehicles, toys, or recreational parking. Inside, the home is filled with natural light and offers comfortable living spaces along with dual pane windows and an updated primary bathroom that brings a fresh modern touch. The flexible layout flows nicely into the outdoor areas where you’ll find a cute and private backyard perfect for relaxing, entertaining, gardening, or enjoying Southern California living year round. The oversized lot also offers space and potential for future expansion or possible ADU opportunities. Conveniently located near shopping, dining, freeway access, and highly rated schools, this is a rare opportunity to own a property with both charm and long term potential in one of Garden Grove’s established neighborhoods.
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| Mar 13, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017