2424 Camino Rey
About This Property
Upon arrival, you will be greeted by the home's well-manicured front yard with drought-tolerant landscaping. As you enter the newly painted home, you'll be amazed by the vaulted ceilings that complement the spacious family room, kitchen, and dining room with additional seating space. The family room also features a cozy fireplace perfect for cooler evenings.
Two of the three bedrooms are designed with mirrored closets, and the master bedroom offers a bay window overlooking the landscaped backyard and panoramic view. The master bedroom also features an en-suite bathroom with a tile shower with a glass enclosure.
This home is fitted with beautiful plantation shutters, dual-pane windows, and ceiling fans to keep the home cool and comfortable during the warmer months. The property features an aluminum shingle roof, ensuring it is sturdy and secure for years to come.
The home's backyard is generously sized and professionally landscaped, providing an excellent space for entertaining or relaxing. With the incredible view, evenings offer opportunities to sit in the backyard on a warm summer night and watch the Disneyland fireworks with an unobstructed view. There is also a slatted patio cover on both the back and side yards.
The home also features a spacious 3-car garage with built-in shelving, providing plenty of space for vehicles and storage.
This home is in the top-rated Fullerton Joint Union High School District, and the Grissom Park community is a highly sought-after community to live and raise a family. Don't miss out on this once-in-a-lifetime opportunity. Act now before it's too late!
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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 |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | Listed by Real Broker | $1,275,000 | |
| Listed by Real Broker | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017