1039 Ridge Heights Dr
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%.
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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 |
|---|---|---|---|
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Feb 16, 2023 | Listed by Real Broker | $775,000 | |
| Listed by Real Broker | |||
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Active 55+ gated community of 80 custom homes. This beauty sits high into the subdivision and on an elevated lot. Enjoy coastal breezes, sunsets and breathtaking views for miles from your back yard. Pride of ownership in this single level 2 bed with a den. The den has room to install a closet. The den has a sliding door out to a patio area on the side. Recently upgraded Kitchen and baths w/granite counters tops, newer cabinets, appliances, sinks & faucets. The kitchen has a nice breakfast bar set up great for entertaining. Shutters, newer flooring, open with vaulted ceilings. Clean and bright. Fully fenced back yard for your pets. Excellent location, close to shopping restaurants but not too close from the hustle and bustle. Community garden, walking trails, clubhouse, multi purpose room, pickleball court community pool/spa, shuffleboard, 2 tennis courts, putting green, RV Parking.
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| Oct 20, 2021 | No longer available | - | |
| No longer available | |||
| Sep 26, 2021 | In contract | - | |
| In contract | |||
| Sep 1, 2021 | Listed by Keller Williams Realty | $650,000 | |
| Listed by Keller Williams Realty | |||
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Single story in the gated active 55+ community of East Ridge in Fallbrook, clubhouse with events, heated pool, tennis courts RV parking, community garden and walking trails, Beautiful views from this homes backyard, large open home with 2 bedrooms and a den or office or 3rd bedroom, large living and dining room combo, separate family room which adjoins the kitchen, large master bedroom and bath with multiple closets, laundry room, plantation shutters, upgraded carpet, multiple patios with sliding doors for access. Contact Vince Baldwin Broker of Record Keller Williams Corona 951-870-1445 The manager has listed the unit size as 2088 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017