5641 Surrey Lane
About This Property
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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 10, 2025 | Listed | $750,000 | |
| Listed | |||
| | |||
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Nestled in the serene enclave of upper San Bernardino, near California State University, this meticulously updated single-story residence is a refined sanctuary where contemporary sophistication meets timeless charm. This single-story home sits on an impressive 20,000 sf of grounds, offering a rare fusion of tranquil indoor living and resort-style outdoor splendor. Upon entering, one is immediately captivated by the cathedral ceiling and recent enhancements of contemporary flooring that complements the freshly painted walls which are accented by baseboards. The living spaces are bathed in natural light, courtesy of the rear sliding door which seamlessly connects the indoors with the meticulously updated pool area and backyard. The home offers 4 bedrooms, a bonus room that is currently used as a 5th bedroom and 2 bathrooms. The gourmet kitchen serves as the heart of the home, ideal for both intimate gatherings and grand entertaining. Stepping into the backyard you discover an oasis designed for year-round enjoyment. The recently upgraded pool is a showpiece, featuring a cascading waterfall and a thrilling waterslide, evoking the ambiance of a five-star resortan idyllic retreat for sun-drenched California summers. The expansive grounds, adorned with mature fruit trees, provide ample space to realize your vision, whether by adding a bespoke guesthouse or poolside retreat. Situated in a coveted, family-friendly enclave, this distinguished property offers the best of both worlds privacy and serenity, yet mere moments from California State University, San Bernardino, premier shopping, fine dining, and retail. No HOA and Mello-Roos assessments, this home presents a rare opportunity to own a statement of elevated living in one of San Bernardino's most desirable neighborhoods. This is more than just a home it is an invitation to indulge in a lifestyle of comfort, sophistication, and boundless possibilities.
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| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Oct 22, 2021 | In contract | - | |
| In contract | |||
| Aug 27, 2021 | Price Decreased |
$549,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Aug 14, 2021 | Price Decreased |
$559,000
↓ $31K
(5.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017