2269 MONARCH RIDGE CIRCLE
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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.
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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 20, 2025 | Sold | ||
| Sold | |||
| Aug 5, 2025 | In contract | - | |
| In contract | |||
| Jul 29, 2025 | Listed by Steele Canyon Realty | $1,075,000 | |
| Listed by Steele Canyon Realty | |||
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Exquisite Single-Story Gem in Monarch Ridge | Welcome to this rarely available single-story home on the canyon in the prestigious gated community of Monarch Ridge! This move-in ready beauty offers the perfect blend of comfort, style, and breathtaking views. Step through the elegant double door entry into a light-filled, spacious layout featuring soaring ceilings, a large eat-in kitchen, and both separate living and family rooms — perfect for entertaining and everyday living. With 3 bedrooms and 2.5 baths, there’s plenty of room to relax and unwind — especially in the oversized primary suite complete with a remodeled spa-like bathroom. Enjoy effortless indoor-outdoor living with low-maintenance, drought-tolerant landscaping and a covered patio overlooking the canyon — your private slice of paradise. Additional highlights include: Meticulously maintained and quiet neighborhood. Community amenities: pool, spa, tennis & pickleball courts. Laundry room inside. Epoxy-finished garage floor. Wall-to-wall built-in cabinetry + bonus storage room in garage. This is a rare opportunity to own a single-story canyon-view home in one of East County’s most sought-after gated communities.
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| Apr 2, 2015 | Sold | ||
| Sold | |||
| Jan 6, 2015 | Listed by Keller Williams Realty | $644,900 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017