4331 Rafael
About This Property
This thoughtfully designed 4-bedroom, 2-bath residence offers approximately 1,782 square feet of living space on a generous 5,000-square-foot lot and features one of today's most sought-after floor plans with a main-level primary suite. Upstairs, three spacious secondary bedrooms provide flexibility for growing families, multigenerational living, guests, or a home office. Natural light fills the home, where soaring vaulted ceilings, a skylight, and recessed lighting create an open, airy feel. The upstairs bedrooms feature luxury vinyl flooring, while the spacious family room offers a cozy fireplace, custom built-in entertainment cabinetry, and elegant French doors that open to the backyard for seamless indoor-outdoor living.
At the heart of the home, the kitchen features Whirlpool stainless steel appliances, custom cabinetry with extensive pull-out storage, accent lighting, and a charming bay window. Whether enjoyed as-is or updated over time, it offers the perfect blend of functionality and opportunity. With so many major improvements already completed, the next owner can move right in while adding their own personal style. Major upgrades include a newer HVAC system and ductwork, tankless water heater, upgraded electrical panel, fully remodeled bathrooms, updated interior and exterior electrical outlets, and double-pane front-facing bedroom windows, providing lasting comfort, efficiency, and peace of mind.
Step outside to a private backyard with mature landscaping, an inviting patio, and a lawn expansive enough to explore adding an Accessory Dwelling Unit (ADU) or simply enjoying outdoor dining, children's play, pets, and entertaining. The charming front yard adds to the home's welcoming curb appeal.
Life in Greentree is about more than owning a home-it's about belonging to a true community. Residents enjoy neighborhood traditions, seasonal events, a community swim team, parks, greenbelts, and a community pool, all within walking distance of award-winning Greentree Elementary. Centrally located in Irvine, you're just minutes from shopping, dining, and major freeways.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$1,599,000
↓ $61K
(3.7%) | |
| Price Decreased | |||
| Aug 6, 2026 | Listed by eXp Realty of California Inc | $1,660,000 | |
| Listed by eXp Realty of California Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017