5331 Cerulean
About This Property
The home has been extensively remodeled throughout. Enjoy an all-new kitchen with updated cabinets, countertops, and lighting. The entire home features fresh interior paint, new flooring, and recessed lighting. All bathrooms have been fully renovated with quartz counters, custom tile work, and stylish finishes.
An attached garage provides excellent storage and parking, and the property offers great potential for an ADU, offering even more value and flexibility.
This home is truly move-in ready and feels like new.
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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 |
|---|---|---|---|
| Feb 3, 2026 | Sold | ||
| Sold | |||
| Jan 7, 2026 | In contract | - | |
| In contract | |||
| Nov 9, 2025 | Listed by Seven Gables Real Estate | $1,549,000 | |
| Listed by Seven Gables Real Estate | |||
| Aug 13, 2025 | Sold | ||
| Sold | |||
| Jul 28, 2025 | Listed by RE/MAX College Park Realty | $1,350,000 | |
| Listed by RE/MAX College Park Realty | |||
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Spacious plan 8 2-story home in West Garden Grove. This 5-bedroom, 2-bathroom home offers flexible living with two bedrooms located downstairs—perfect for guests, multigenerational living, or a home office setup. Upstairs, the large primary bedroom features a cozy fireplace, generous walk-in closet, and sits alongside two additional bedrooms. The living room features a fireplace and is adjacent to dining area, while a huge family room offers more space for entertaining. An oversized laundry room includes abundant storage, adding everyday convenience. The long driveway provides ample parking that leads to a detached 2-car garage. The large backyard is ideal for entertaining, gardening, or play. Located on a quiet street across from West Grove Park, in an award winning school district and with nearby access to the 405 and 22 freeways— it is both a peaceful retreat and a commuter’s dream.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017