608 Dorothy Lane
About This Property
Beautiful hardwood flooring downstairs throughout, except for the kitchen and downstairs bath. New carpet in all upstairs bedrooms and new paint inside. There is one bedroom downstairs next to the hall bath, formal living room with fireplace, formal dining and family room with fireplace. Lots of storage in this home and a three car garage. The backyard is a paradise for the family or entertaining friends. Large lot with a sparkling pool, spa, fruit trees and a VIEW-VIEW-VIEW!!! Screened in patio area, currently used for a work out room. Close to colleges, schools and downtown Fullerton. Also, easy freeway access.
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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%.
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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.
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 7, 2021 | No longer available | - | |
| No longer available | |||
| Jul 4, 2021 | In contract | - | |
| In contract | |||
| Jun 15, 2021 | Listed by EXP REALTY OF CALIFORNIA INC | $1,200,000 | |
| Listed by EXP REALTY OF CALIFORNIA INC | |||
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This is the one you've been waiting for...608 Dorothy Lane in the great City of Fullerton! Conveniently located near Fullerton College, Fullerton Union High school, Downtown and so much more. This 5 bedroom, 3 bathroom house has been upgraded with modern finishes, an open kitchen floor plan, views of the city lights and the list goes on. As you enter through the double doored front door, you will be greeted by the spacious living room that has a direct view of the backyard and plenty of natural light. Hardwood flooring flows throughout the home except in the upstairs bedrooms. Adjacent to the living room is the dining area with direct access to the recently remodeled kitchen. With blue shaker cabinets, quartz counter tops, gold hardware, and subway tile backsplash, this kitchen is amazing in each and everyway. Down the hall is a spacious bedroom with direct access to a 3/4 remodeled bathroom. The bathroom has been remodeled with hexagon flooring, subway tile in the shower lined to the ceiling, and a modern vanity/lighting. Down the hall a little more is a den/living room with beamed ceilings, direct access to the backyard, and an additional fireplace. On the 2nd level of the home are the remaining 3 junior and main bedroom. All of the bedrooms are spacious and lined with carpet flooring. The hall full junior bathroom upstairs has been remodeled with a subway tile lined tub/shower combo, dual vanity and modern lighting. The main bedroom has an open floor plan with plenty of closet space. Don't forget to take a step on to the balcony to take in the amazing 180 degree views of Orange County. On a clear day, you can see the rolling hills and at night time, the Disneyland fireworks show. Get ready for the Summer in the backyard with your own private in ground pool and spa. With a large grassy areas and a fire pit, there is so much space for activities! Don't be concerned running that air conditioning as this home has leased solar panels already on the roof. Pack your bags and get ready to move into the gorgeous Fullerton home! The manager has listed the unit size as 2630 square feet.
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| Jul 5, 2018 | Sold | ||
| Sold | |||
| Mar 23, 2018 | Listed by Century 21 Discovery | $919,000 | |
| Listed by Century 21 Discovery | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017