2 Arado
About This Property
The grand entry greets you as you pass through the courtyard. Soaring two story ceilings and stunning windows compliment the living room while the elegant formal dining room offers an ideal venue for guests and gatherings. The extensive kitchen is the pride and joy of the home with quartz counters, stainless appliances including double ovens, a center island with a cooktop, a breakfast bar and separate desk space. The adjoining nook and family room complete the open concept layout.
The downstairs bedroom (currently used as a whimsical playroom) has it's own full bathroom. Upstairs are four additional bedrooms. The enormous en-suite master bedroom provides a large walk-in closet while the bathroom features dual sinks and a shower and separate soaking tub. Another bedroom is bonus room size and has a large walk-in closet and a Jack and Jill bathroom.
Walking distance to Arroyo Vista park, elementary and middle school. Enjoy all this home has to offer while living the RSM Lifestyle!
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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 |
|---|---|---|---|
| Apr 17, 2025 | Sold | ||
| Sold | |||
| Mar 10, 2025 | Listed by Inhabit Real Estate | $2,200,000 | |
| Listed by Inhabit Real Estate | |||
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A rare 10,000+ square-foot lot at the end of a quiet cul-de-sac located in the highly-coveted 55+ neighborhood of Esencia in Rancho Mission Viejo. This beautifully designed single-level home enjoys abundant natural light with no neighbor on one side and soaring 10-foot ceilings. You'll love the floor plan and design that includes 2 primary ensuite bedrooms, 3 baths & office overlooking the front porch. The heart of the home is the spacious open-concept living area where two walls of panoramic sliding doors disappear, blending indoor and outdoor spaces in the best way possible. The chef's kitchen with ample storage, walk-in pantry, built-in wine fridge, gas stove, tasteful finishes & dramatic chandelier centers around a large center island. Entertain seamlessly with the indoor-outdoor living space offered by the covered California room with motorized privacy sun shade, outdoor TV hook-up and space to gather or watch TV outside. The backyard layout is a dream with so many conversation areas: the built-in BBQ island with seating, the modern fire pit sitting area with water feature, a large artificial grass yard, plus the adorable picket-fenced-in garden with 3 garden boxes, irrigation system and space for your imagination to grow. The primary suite includes two vanities, soaking tub, walk-in closet and lovely glass-door shower. Guests will love the second bedroom that feels like its own retreat with ensuite bathroom and walk-in closet. Enjoy the plethora of amenities as a resident of Rancho Mission Viejo from parks, pools and clubhouses. As a "Gavilan 55+" resident, you'll have exclusive access to additional perks for peaceful recreation like the Outlook, The Getaway and BBQ Barn. Located between Ladera Ranch and Talega, this new construction neighborhood of Rancho Mission Viejo puts you in an ideal location among popular neighborhoods to easily visit family and friends or take a quick drive to downtown San Juan Capistrano for its amazing restaurants & shopping. Enjoy the serene modern design of 2 Arada Street where functionality and style combine for the perfect new home.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 3, 2021 | In contract | - | |
| In contract | |||
| Jan 26, 2021 | Price Decreased |
$1,335,000
↓ $35K
(2.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017