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1663 Naranjo Court
About This Property
The home features 4 spacious bedrooms, 3 bathrooms, multiple living areas, a bonus room, and a large primary suite creating the perfect blend of space, comfort, and flexibility. One of the guest bedrooms is conveniently located on the first level along with a downstairs ¾ guest bathroom, making it ideal for guests, multi-generational living, or a private office setup. The downstairs bonus room also offers potential to be converted into a 5th bedroom, gym, playroom, or guest space.
The spacious primary suite offers dual walk-in closets, dual sinks, soaking bathtub, walk-in shower, and beautiful mountain views to the north from the bedroom and bathroom windows.
The upgraded kitchen features quartz countertops, upgraded backsplash, spacious center island with seating, large stainless steel sink, upgraded dishwasher, and stainless steel refrigerator included with the sale. Additional upgrades include laminate wood flooring, tile roof, and numerous tasteful improvements throughout the home.
Step outside to the maturely landscaped backyard featuring orange, avocado, and pomegranate trees, creating a peaceful outdoor setting with plenty of room to relax or entertain.
Additional highlights include an indoor laundry area with washer and dryer included, spacious tandem 3-car garage with exceptional storage and parking potential, and 220V electrical ready for an electric vehicle charger or additional equipment.
Ideally located on a quiet cul-de-sac close to shopping centers, grocery stores, restaurants, parks, the University of Redlands, and so much more. Combining size, location, upgrades, and value into one incredible opportunity, homes like this in University Grove do not come available often - schedule your private showing before it's gone!
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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 |
|---|---|---|---|
| Jul 6, 2026 | Sold | ||
| Sold | |||
| May 20, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Listed by RE/MAX ADVANTAGE | $715,000 | |
| Listed by RE/MAX ADVANTAGE | |||
| Aug 9, 2022 | No longer available | - | |
| No longer available | |||
| Jul 5, 2022 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017