613 W Fern Drive
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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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 3, 2025 | Listed by Circa Properties, Inc. | $1,500,000 | |
| Listed by Circa Properties, Inc. | |||
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One of the finest examples of Spanish revival architecture in Golden Hills is now available to the market, featuring the best aspects of this iconic style, 613 W. Fern Drive is more than a home, it’s a feeling. Ensconced behind a stucco wall and iron gates, the front porch welcomes you in with private patio seating areas on each side of the front door. A statement in its own right, the hand crafted wooden front door leads into a captivating interior. Generously scaled public spaces provide for both ideal daily living and entertaining. The barrel ceiling of the living room and faux fireplace are true highlights as are the multiple original French pane windows with decorative iron bar accents. Adjacent the living room is the dining room with hardwood floors and a coffered ceiling detail and striking iron chandelier. A remodeled kitchen features granite counter and natural stained wood cabinetry plus a suite of S.S. appliances including fridge. A breakfast nook and coffee bar complete the kitchen. A French door leads out to the resort like backyard. Surprising in its scale is the separate family room with wonderful beam ceiling details and a stylish remodeled gas fireplace which is flanked by the stunning stained glass windows. A unique feature of dual primary suites with Spanish inspired en-suite bathrooms provides a widely versatile number of uses, both bathrooms enjoy custom and colorful Spanish tiles and custom cabinetry and showers. An additional bedroom and bathroom complete the living spaces. A true escape awaits outside with a BBQ island palapa with counter seating, dual burner grill and beverage fridge. The custom pool and spa includes a waterfall feature with custom tile detail. The upper level of the yard provides additional patio space and a freestanding gazebo. A 2 car detached garage sits at the rear of the property with alley access. Multiple solar panels provide for significantly reduced electrical bills and the newly adopted Mills Act makes this home an ideal candidate to apply for significantly reduced property taxes! Don’t miss this rare offering in a coveted locale close to schools, trails, and Downtown Fullerton.
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| Aug 30, 2019 | Sold | ||
| Sold | |||
| May 6, 2019 | Listed by First Team Real Estate | $1,099,000 | |
| Listed by First Team Real Estate | |||
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Welcome home! Resort like living in the Golden Hills neighborhood of Fullerton. Beautiful Spanish style single story home with bonus/family room, pool/spa and elegant charm throughout. Enter into this spacious living room with newly refinished original hardwood floors; arched doorways lead to the formal dining room for all your entertaining needs. Stunning kitchen with granite counters, custom soft close cabinets and views of the spectacular back yard. This home features 2 master bedrooms, large remodeled bathrooms with custom design tile work and walk in closets. Third guest room has a custom built wardrobe and large windows. Off the hallway is the third bathroom complete with dressing area and backyard access to pool. Other features include large bonus/family room with fireplace, double french doors and inside laundry room. Amazing split level entertainer's back yard with new Palapa Bar built in Viking BBQ, side burners, wine fridge, and wrap around counter for plenty of seating. Upper area includes gazebo with fire pit, spectacular pool with a waterfall which flows over beautiful mosaic art into decorative fountain. Recent updates include new a/c ducting and tank-less water heater. This home is the epitome of indoor/outdoor California living, come by today and view this one of a kind home for yourself!
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| Jun 14, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017