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21691 Cabrosa
About This Property
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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.
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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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 22, 2026 | In contract | - | |
| In contract | |||
| Jan 13, 2026 | Listed by HomeSmart, Evergreen Realty | $1,250,000 | |
| Listed by HomeSmart, Evergreen Realty | |||
| Nov 1, 2025 | Price Increased |
$1,249,900
↑ $50K
(4.2%) | |
| Price Increased | |||
| Oct 24, 2025 | Listed | $1,199,900 | |
| Listed | |||
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Located within walking distance to beautiful Lake Mission Viejo, this stylishly updated 3-bedroom, 2-bath home offers the perfect blend of modern luxury and everyday comfort. Step inside to discover an inviting open-concept living space with a cozy gas/wood-burning fireplace, freshly painted interior and exterior, and newer vinyl flooring and windows installed just five years ago.
The completely reimagined kitchen is a chef’s dream, featuring GE Café Wi-Fi–enabled appliances, a 6-burner gas range with double oven, new brass hardware, soft-close drawers, a porcelain farmhouse sink, and designer Rejuvenation lighting throughout. Every detail has been thoughtfully chosen—from high-end door knobs and brass Rejuvenation vents to marble-topped vanities and RH mirrors in the spa-inspired bathrooms. The guest bath was fully remodeled in 2023 with a new tub, subway-tiled shower, and marble-topped vanity.
Smart-home upgrades abound, including a Tesla charger, new electrical panel, HVAC, ductwork, and water heater. The finished garage features a new opener, drywall, epoxy flooring, and storage cabinets.
Outside, enjoy serene living with a beautifully landscaped yard featuring olive trees, roses, and lavender, a new drip and sprinkler system with smartphone controls, and a charming upgraded patio with string lighting—perfect for relaxing or entertaining.
From top to bottom, this home has been lovingly upgraded with timeless taste and quality craftsmanship—all just moments from parks, dining, and top-rated Saddleback Valley Unified schools. Ownership also includes coveted membership access to Lake Mission Viejo for boating, swimming, concerts, and lakeside activities. A rare blend of style, function, and community—this home embodies the best of Mission Viejo living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017