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About This Property
Contemporary Spanish-style two-story on a 1.15-acre lot in Redlands' Sunset Hills neighborhood, 4 bedrooms, 4 bathrooms (3 full, 1 half), 4,105 square feet, built in 2002. A travertine-tiled entry opens to two-story ceilings, modern light fixtures, and a spacious living room. The kitchen features Taj Mahal quartzite countertops, a large island, a Wolf 8-burner range, a built-in Sub-Zero refrigerator, and a Wine Enthusiast wine fridge. A main-floor office with wood built-ins sits adjacent to a guest bedroom with an ensuite bath. Upstairs, the primary suite includes a second fireplace and a primary bath with a jacuzzi tub, walk-in shower, dual sinks, a bidet, and a cedar-lined walk-in closet; every bedroom has its own walk-in closet. Smart features include a Nest thermostat and a Ring system, plus reverse osmosis and alkaline water softening. The backyard includes a sports court, a covered gazebo with an outdoor fireplace, an outdoor kitchen and barbecue, and a fruit tree garden with apple, pomegranate, and avocado trees. Paid solar with battery storage; buyer to verify ownership and transferability. Located in Redlands' Sunset Hills neighborhood, near Historic Downtown Redlands, Caroline Park, Redlands Country Club, and the Creekside and Carriage hiking trails. 1.4 mi to Kimberly Elementary, 2.1 mi to Cope Middle School, and 2.9 mi to Redlands High School, part of Redlands Unified School District - buyer to verify assignment.
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Cap Rate Calculator
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 2, 2026 | Sold | ||
| Sold | |||
| Sep 16, 2026 | In contract | - | |
| In contract | |||
| Sep 5, 2026 | Price Decreased |
$1,299,000
↓ $46K
(3.4%) | |
| Price Decreased | |||
| Jul 19, 2026 | Price Decreased |
$1,345,000
↓ $50K
(3.6%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$1,395,000
↓ $50K
(3.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017