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11320 Ridgemont
About This Property
The expansive backyard features multiple mature fruit trees, roof patio and private swimming pool, creating the perfect setting for relaxing, entertaining family and friends, or enjoying California's beautiful weather.
Inside, the home offers two fireplaces-one in the living room and another in the primary suite, creating warm and inviting spaces throughout the home. The primary bathroom has been remodeled, adding a fresh and updated feel to the spacious retreat.
Additional highlights include a 3-car garage, generous living spaces, culdesac and a desirable location with beautiful views and a spacious lot.
This is a wonderful opportunity to own a home that combines space, privacy, views, a private pool, and comfortable living in one of Moreno Valley's desirable areas.
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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 22, 2026 | Listed by CASTANEDA REAL ESTATE | $700,000 | |
| Listed by CASTANEDA REAL ESTATE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017