2245 Cheyenne Way #51
About This Property
Ground-level townhouse in the highly sought after Westside community of Fullerton. This turnkey home offers the quietest living with recessed lighting throughout. On top of that, this property comes with a refrigerator and an in-unit washer and dryer included in the purchase for added convenience. 1 covered carport for your car and plenty of guest parking throughout the community.
Residents enjoy access to a private, community pool and spa. Located in one of Fullerton's most desirable areas, this home provides easy access to Ralph B Clark Park, shopping, trendy dining, and major commuter routes.
Seller will also purchase a 1 year home warranty for the buyer at close of escrow.
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Cap Rate Calculator
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 20, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Listed by Real Broker | $465,000 | |
| Listed by Real Broker | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/21/2026
|
2 Bed
|
2 Bath
|
1016 ft²
|
$724,900
2 Bed
2 Bath
1016 ft²
|
$695,000
-4.12%
06/16/2026
|
Roberto Merino
So Cal Realty
| |
|
08/25/2025
|
1 Bed
|
1 Bath
|
644 ft²
|
$465,000
1 Bed
1 Bath
644 ft²
|
$477,000
+2.58%
10/20/2025
|
Jane Yim
Berkshire Hathaway HomeServices California Properties
| |
|
10/13/2022
|
2 Bed
|
2 Bath
|
932 ft²
|
$518,000
2 Bed
2 Bath
932 ft²
|
-
-
|
Jane Noltensmeier
T.N.G. Real Estate Consultants
|
Building Info
About Fullerton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017