Listed by: Grace Zhang, RE/MAX Galaxy
$1,462,000
●
House -
Off Market
22740 Ridge Line Road
Diamond Bar, CA 91765
3 Beds
3 Baths,
1
Half Bath
2,671 Ft²
$7,655
Est. Monthly
$294
HOA / Fees
2.57%
Cap Rate
About This Property
Welcome to this rare find within the prestigious The Country
Estates, hitting the market for the first time since 1986! This
3-bedroom + Den, 2.5-bathroom home boasts an endless potential,
offering the perfect canvas for your personal touch and creativity.
Key features include a 3-car garage and views: city lights from the
front yard and serene mountain vistas from the backyard. Imagine
enjoying peaceful mornings or stunning sunsets in this picturesque
setting. Located in the highly sought-after Walnut School District,
this property ensures access to top-tier education. Its prime
location offers easy access to the 57, 60, and 10 freeways, making
commuting a breeze.
While the home will require some TLC, it presents an incredible opportunity to create your dream space in a coveted community. Don't miss this chance to own a home in one of Diamond Bar's most exclusive neighborhoods. Schedule a viewing today and explore the possibilities!
While the home will require some TLC, it presents an incredible opportunity to create your dream space in a coveted community. Don't miss this chance to own a home in one of Diamond Bar's most exclusive neighborhoods. Schedule a viewing today and explore the possibilities!
Unit Size
2,671 Ft²
Days on Market
67 days
Land Size
1.20 acres
Price per sqft
$561
Property Type
House
Property Taxes
-
HOA Dues
$294
Year Built
1977
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #TR24252841)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | In contract | - | |
| In contract | |||
| Dec 20, 2024 | Listed by RE/MAX Galaxy | $1,499,000 | |
| Listed by RE/MAX Galaxy | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Diamond Bar
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Listed by: Grace Zhang, RE/MAX Galaxy
Last Updated: 2 years ago
Data Source: CRMLS, MLS# TR24252841
Last Updated: 2 years ago
Data Source: CRMLS, MLS# TR24252841
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