24437 Ridgewood Road
About This Property
The well-designed floor plan features a spacious living room with a cozy gas fireplace, a separate family room, formal dining area, and a private primary suite complete with a walk-in closet. Architectural highlights include soaring cathedral ceilings, ceiling fans, and an attic fan that enhance comfort and airflow throughout the home.
Step outside to your own private backyard oasis, perfect for entertaining or unwinding year-round. Enjoy the in-ground pool and spa, complemented by both covered concrete and wood patio spaces ideal for gatherings, barbecues, or relaxing poolside. The meticulously maintained lot includes front, rear, and side sprinklers on a timer for easy care.
Additional features include leased solar for energy efficiency, direct garage access, and a convenient laundry area located in the garage with a gas dryer hookup.
Offering the rare combination of extensive interior upgrades and a resort-style backyard, 24437 Ridgewood Road delivers the best of Murrieta living. Whether hosting memorable gatherings or enjoying peaceful everyday moments, this home is ready to impress. Schedule your private showing today!
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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 |
|---|---|---|---|
| Feb 26, 2026 | Sold | ||
| Sold | |||
| Jan 27, 2026 | In contract | - | |
| In contract | |||
| Dec 17, 2025 | Listed by Trillion Real Estate | $699,999 | |
| Listed by Trillion Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017