2616 Balfour Avenue
About This Property
Step inside to find a light-filled living room anchored by a stacked-stone fireplace and gleaming hardwood floors that flow throughout. The layout extends into a bright bonus sunroom, perfect as a second living area, home office, or playroom - offering direct access to the backyard.
The remodeled kitchen features rich wood cabinetry, sleek countertops, stainless steel appliances, recessed lighting, and an inviting dining area overlooking the side yard. Two beautifully updated bathrooms include designer tile, newer vanities, and quality finishes that make each space feel fresh and spa-like.
Outside, enjoy multiple entertaining areas including a covered patio, expansive lawn and garden area, and a separate covered side yard - ideal for a potting station or hobby center. A detached outdoor bonus room provides the perfect space for a home office, gym, extra storage or "she/he shed." The manicured yard, trimmed landscaping, and updated hardscape create a peaceful retreat you'll be proud to call home.
Additional highlights include fresh interior paint, dual-pane windows, plantation shutters, central heating and air, a spacious two-car garage with a wide paver driveway for extra parking and a large side gate with direct access to the backyard.
Located in an established neighborhood near top-rated schools including Troy High School and CSUF, shopping, parks, and convenient freeway access. 2616 Balfour offers both comfort and lifestyle. Move-in ready, beautifully maintained, and ready to impress.
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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 31, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | Price Increased |
$1,000,000
↑ $52K
(5.5%) | |
| Price Increased | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Listed by Century 21 Discovery | $948,000 | |
| Listed by Century 21 Discovery | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017