$1,599,000
●
House -
Off Market
2585 Ridgegate
La Jolla, CA 92037
5 Beds
3 Baths,
1
Half Bath
3,736 Ft²
$2,986,340
RealtyHop Estimate
75.67%
Since Mar 1, 2017
CA-San Diego
Primary Model
About This Property
One of the nicest 'Concordia' built homes in the much sought after
'Ridgegate' community. Largest floorplan, remodeled with flair and
quality. Featuring: Brazilian Cherry wood and travertine floors,
Berber carpet, Custom paint throughout, crown moldings. Kitchen
features granite counters, Professional Viking stove, Built-in
stainless refrigerator, mood lighting. Much more...please see
supplement. Neighborhoods: Ridgegate Equipment: Dryer,Garage
Door Opener, Range/Oven, Washer Other Fees: 0 Sewer: Sewer
Connected
Unit Size
3,736 Ft²
Days on Market
205 days
Land Size
-
Price per sqft
$455
Property Type
House
Property Taxes
-
HOA Dues
$300
Year Built
2001
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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: 5 months ago (SDMLS #160038469)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Aug 20, 2021 | In contract | - | |
| In contract | |||
| Aug 3, 2021 | Listed by Realty One Group West | $1,999,000 | |
| Listed by Realty One Group West | |||
| | |||
|
Nestled in the hills of La Jolla in the beautiful, gated Ridgegate Community, this property boasts spectacular canyon and city light views. Extremely spacious with the largest floor plan in the community. Brazilian Cherry Wood and travertine flooring downstairs. Brand new carpet installed upstairs. Large kitchen with beautiful white cabinet and Stainless steel appliances and granite counters. Multiple balconies perfect for taking in the amazing views, lounging or grilling. Low association that includes the guard gated entrance, use of 3 recreational park areas which features a community clubhouse, pool, basketball, children's play and picnic area. The manager has listed the unit size as 3736 square feet.
| |||
| Feb 3, 2017 | Sold | ||
| Sold | |||
| Jul 13, 2016 | Listed by Berkshire Hathaway HomeService | $1,700,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Northern San Diego
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Listed by: Dave Finburgh, Berkshire Hathaway HomeService
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160038469
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160038469
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