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280 Ridgeton Lane #A
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | Price Decreased |
$629,000
↓ $40K
(6%) | |
| Price Decreased | |||
| Jun 10, 2026 | Listed by Rodeo Realty | $669,000 | |
| Listed by Rodeo Realty | |||
| |||
|
HUGE price adjustment! Wonderful first floor unit!Imagine for a moment sitting on your patio any beautiful summer evening, staring at the tranquil lake that the steps away. Imagine, retiring for the day, stepping into your peaceful and serene, single story, remodeled home and pausing for a second taking in how beautiful your life is.Well, no need to imagine. Welcome to The Club in Wood Ranch. This spectacular gated community complete with a gorgeous pool, walking paths, sport courts, direct lake access, and hiking trails is rarely available until today.Your new home features incredible designer upgrades, including custom colors and tiles, gorgeous vinyl plank flooring, a beautiful open concept redesigned kitchen, gorgeous light fixtures, and breathtaking Lake views. The primary bedroom is highlighted by a gigantic walk-in closet, direct lake view balcony access and a breathtaking reimagined primary bath with the ever so important stepless entry and dual head shower with bench.Added conveniences that give the feel of a home are the indoor laundry closet and direct access spacious two car garage.No matter what stage of life you are at, whether the beginning of your journey or strolling into the sunset, this incredible home features everything and more you can imagine. Come visit and be prepared to have your dream come true.
| |||
| Nov 19, 2020 | Sold | ||
| Sold | |||
| Aug 31, 2020 | Listed by Pinnacle Estate Properties, Inc. | $474,900 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/10/2026
|
2 Bed
|
2 Bath
|
1280 ft²
|
$669,000
2 Bed
2 Bath
1280 ft²
|
$640,000
-4.33%
08/06/2026
|
Carmen Mormino
Engel & Volkers Westlake Village
| |
|
08/31/2020
|
2 Bed
|
2 Bath
|
1280 ft²
|
$474,900
2 Bed
2 Bath
1280 ft²
|
$475,000
+0.02%
11/19/2020
|
Curt Sommers
CLS Property Management Inc.
|
Building Info
About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017