3 Cerrero Court
About This Property
Step outside to the entertainer's backyard, complete with ample space for outdoor dining, relaxing, and enjoying the tranquil hillside setting. Whether hosting guests or savoring a quiet evening at home, this outdoor living space is truly a standout feature.
Ideally situated in a quiet neighborhood, you're just a short walk to The Outlook, one of Gavilan's premier amenities. Residents enjoy exclusive access to resort-style living with multiple clubhouses including The Hacienda, The Getaway, The Outlook, and The BBQ Barn. Amenities include a state-of-the-art fitness center, saltwater pool and spa, cabanas, bocce ball courts, yoga studio, fire pits, and outdoor gathering spaces. Even better, when family visits, you'll have access to Rancho Mission Viejo's award-winning amenities designed for all ages. All of this, just five miles from the beautiful beaches of South Orange County. Welcome to 3 Cerrero Court-where lifestyle, comfort, and location come together.
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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 |
|---|---|---|---|
| Oct 2, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Listed by HomeSmart, Evergreen Realty | $1,298,000 | |
| Listed by HomeSmart, Evergreen Realty | |||
| Oct 22, 2022 | No longer available | - | |
| No longer available | |||
| Oct 8, 2022 | Listed by First Team Real Estate | $1,350,000 | |
| Listed by First Team Real Estate | |||
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Looking for a view home in a 55+ community? Look no further! This is a fantastic two-bed, two-bath view home that has been beautifully upgraded with wood floors and high-end finishes. The backyard is an entertainer's dream, with plenty of room for dining and relaxing outdoors. You’ll be in awe of how peaceful and quiet it is as you relax and check out the views of the hills. You'll love the custom garage, which provides extra storage space or the perfect place to work on projects. This home is ideally located in a quiet neighborhood and is walking distance from The Outlook which is one of the Gavilan amenities. This home is turnkey and has been well-maintained. Enjoy a resort lifestyle at multiple clubhouses like the Hacienda, The Getaway, The Outlook, The BBQ Barn, with extensive amenities including a fitness center, salt-water pool, spa & cabanas, bocce ball, yoga studio, fire pits and tv screens. Plus, when you have the grandkids in town, you’ll have access to all the Award Winning RMV community amenities for those of all ages. Top it all off, 3 Cerrero Court is only five miles from South Orange County’s sought-after shores! The manager has listed the unit size as 1473 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017