10 Ridgeline Way
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 |
|---|---|---|---|
| Aug 28, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 19, 2018 | Price Decreased |
$999,000
↓ $26K
(2.5%) | |
| Price Decreased | |||
| Jun 14, 2018 | Price Increased |
$1,024,900
↑ $26K
(2.6%) | |
| Price Increased | |||
| May 29, 2018 | Listed | $999,000 | |
| Listed | |||
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Enjoy your own Private Oasis taking advantage of the magnificent mountain views behind the gates of Mesquite Ridge in Rancho Mirage. This 3,704 sq. ft. home boasts 3 bedrooms, 4 baths & spacious detached casita with separate entry, bath & walk-in closet. Gaze at the amazing views through oversized picture-windows in the kitchen ideal for entertaining with stainless-steel appliances, prep island, butler's pantry and informal dining area. Living & Dining-rooms feature a common wet-bar & fireplace with a dramatic angled mantel. Home office has custom cabinetry, partners desk & French doors overlooking a dramatic water feature and is also accessible to the living room & entry. The media-room features an entertainment center with surround sound, 64 Smart TV & floating shelves overlooking the dazzling pool/spa & mountains. Master has an additional fireplace, large walk-in closet & master bath with a spa-like outdoor patio & shower. This spacious home is waiting for your personal touches! The manager has listed the unit size as 3704 square feet.
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About Mesquite Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017