9717 Avenida Monterey
About This Property
Lovingly cared for by the same family for decades, this home offers a rare opportunity to own a property that has been cherished. Dramatic two-story formal entry, step-down living room with fireplace, formal dining room, spacious family room, and a garden-view kitchen create the ideal setting for both everyday living and entertaining. The spectacular primary suite provides a private retreat
One of the features that made the Spacemaker I so popular was its adaptability. The original builder even promoted the design as having the potential for additional upstairs bedrooms or an oversized rumpus room, making this floor plan as relevant today as it was when it was first introduced.
Situated in one of Cypress' most desirable neighborhoods, the home is within walking distance of award-winning Margaret Landell Elementary School and close to Oxford Academy (eligibility requirements apply), Cypress College, beautiful parks, shopping, dining, and community recreation. Cypress consistently ranks among Orange County's most desirable cities thanks to its excellent schools, strong community pride, well-maintained parks, and convenient access to the 605, 405, 22, and 91 freeways, making commuting throughout Orange County and Los Angeles a breeze.
Whether you're searching for a spacious family home, multigenerational living, or a property with room to grow, this original Spacemaker I offers timeless design, incredible flexibility, and an unbeatable Cypress location.
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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 9, 2026 | Sold | ||
| Sold | |||
| Sep 20, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Price Decreased |
$1,349,900
↓ $50K
(3.6%) | |
| Price Decreased | |||
| Jul 15, 2026 | Listed by The Real Estate Solution | $1,400,000 | |
| Listed by The Real Estate Solution | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017