2245 Cheyenne Way #52
About This Property
Step inside to a bright, immaculate interior featuring elegant 18-inch limestone tile flooring throughout the lower level and baths, recessed lighting with dimmers throughout, crown molding and partially vaulted high ceilings that create an open and airy feel filled with natural light. The remodeled kitchen showcases custom cabinetry, granite countertops, stainless steel sink, recessed lighting, abundant storage, and brand-new upgraded appliances including a new stove, dishwasher, microwave, and refrigerator.
All bathrooms have been tastefully upgraded with contemporary finishes, while the spacious primary suite features a spa-inspired tiled shower, upgraded vanity and dressing area, mirrored closet doors, and custom closet organizers. The home also includes a full-size stackable washer and dryer, included in the sale.
Enjoy indoor-outdoor living through sliding glass doors leading to the oversized private patio, perfect for relaxing, entertaining, and enjoying the Southern California sunshine. Community amenities include a sparkling pool, playground, and car wash area within a beautifully maintained, quiet, tree-lined community. Low HOA dues include water and trash, and there is no Mello-Roos tax. Conveniently located near H Mart, Target, multiple Walmarts, movie theaters, gyms, shopping, dining, and entertainment. A rare turnkey opportunity in an outstanding location.
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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 |
|---|---|---|---|
| Jun 16, 2026 | Sold | ||
| Sold | |||
| Jun 4, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Price Decreased |
$680,000
↓ $45K
(6.2%) | |
| Price Decreased | |||
| May 21, 2026 | Listed by So Cal Realty | $724,900 | |
| Listed by So Cal Realty | |||
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