1061 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%.
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 |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Feb 21, 2026 | In contract | - | |
| In contract | |||
| Feb 11, 2026 | Listed by Capitis Real Estate | $779,000 | |
| Listed by Capitis Real Estate | |||
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Artistic flair in this beautifully customized single-level home in the heart of the Vibrant East Ridge 55+ Community, with incredible views. Bright, flowing, and thoughtfully designed, this home features newer windows and newer vinyl plank wood flooring throughout. The cozy family room fireplace gives warmth on chilly nights to the living space and overlooks the back deck with peaceful views, creating the perfect setting for relaxing or entertaining. The kitchen showcases an artistic, eclectic design by the beloved local artist, featuring carefully chosen colors and unique, colorful details. Bathrooms offer custom tile work, and the primary suite includes a walk-in shower plus direct deck access with tranquil views. One guest bedroom was designed as a private art studio with stained cement flooring and sliding glass doors opening to a serene patio and garden retreat. A separate interior laundry room includes a built-in desk and abundant storage. The epoxy-finished garage offers added space for a golf cart or workshop area, complete with utility sink, built-in benches, and storage shelving. Enjoy a charming front English garden and welcoming porch, plus a large back deck, with water spigot, double gate access to property below and that captures the views of Fallbrook. East Ridge amenities include pool, clubhouse, tennis, pickleball, bocce ball, putting green, incredible private park with walking paths and benches, great for a relaxed walk or to walk your pup, complete with a community garden, RV parking and trash included in HOA. Minutes to the Fallbrook Community Center, Fallbrook Community Park, Senior Center and downtown. Come by and see this beautiful home!
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| Sep 30, 2019 | Sold | ||
| Sold | |||
| Aug 3, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017