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16233 Ridge View Drive
About This Property
Step through the grand entry into a bright and inviting interior featuring soaring ceilings, arched passageways, expansive living spaces, and abundant natural light. The thoughtfully designed floor plan showcases a formal living area, spacious family room with fireplace, and a beautifully appointed kitchen complete with rich cabinetry, granite countertops, stainless steel appliances, a center island, and ample workspace for the home chef.
The generous primary suite serves as a private retreat, featuring direct backyard access, a large walk-in closet, dual vanities, a soaking tub, and a separate walk-in shower. Additional bedrooms are well-sized and offer flexibility for guests, family, or home office needs.
Outside, enjoy a large, fully fenced lot with mature landscaping, attractive desert-scaped grounds, and plenty of room for outdoor entertaining, gardening, or future customization. The oversized three-car garage provides ample parking and storage space, while the extended driveway offers additional convenience.
Perched within the exclusive Ridge View Estates community, residents enjoy privacy, security, and picturesque hilltop surroundings with beautiful mountain and valley views. Conveniently located near shopping, dining, medical facilities, schools, and major commuter routes, this home combines peaceful living with everyday accessibility.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$850,000
↓ $64K
(7%) | |
| Price Decreased | |||
| Sep 30, 2026 | Price Decreased |
$914,000
↓ $25K
(2.7%) | |
| Price Decreased | |||
| May 30, 2026 | Listed by eXp Realty of Southern Califor | $939,000 | |
| Listed by eXp Realty of Southern Califor | |||
| Nov 2, 2021 | No longer available | - | |
| No longer available | |||
| Sep 16, 2021 | Price Decreased |
$700,000
↓ $50K
(6.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017