1237 Luanne Avenue
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Listed by Coldwell Banker | $1,215,000 | |
| Listed by Coldwell Banker | |||
| | |||
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Beautiful, single-level ranch home in Fullerton's highly sought-after Hillcrest Park neighborhood! With stunning curb appeal, the spacious 3 bed, 2 bath home boasts a light-filled living room with vaulted open-beam ceiling, a brick fireplace, dual-paned custom wood windows and beautiful flooring throughout. The updated and bright kitchen has a large tile counter, newer appliances and plenty of cabinets for storage. Full bath is located in the hallway between the two guest bedrooms, each with dual-pane windows and closets providing great storage space. Well-sized primary bedroom with floor-to-ceiling sliding picture windows showing off city lights and seasonal sunset views. Primary bedroom has a large, walk-in closet and ensuite bath featuring a tile shower and dual sinks. Newer A/C unit keeps the home cool especially on these warm days. When you're running your A/C, the solar panels will keep your electric bill at a minimum. The living room windows look out to a large covered courtyard that leads to a peaceful grass area with large Meyer lemon, lime and fig trees. You'll feel the good vibes from the moment you enter the front door. Welcome home!
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| May 14, 2019 | Sold | ||
| Sold | |||
| Feb 13, 2019 | Listed by Redfin | $825,000 | |
| Listed by Redfin | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017