3012 Ridge Creek Dr
About This Property
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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%.
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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.
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 |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Circa Properties, Inc. | $1,399,000 | |
| Listed by Circa Properties, Inc. | |||
| | |||
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Relax and unwind in this spacious, custom-built single-level home, perfectly set on 1.83 private acres. Surrounded by drought-tolerant landscaping with water-saving emitters and paid solar, the property offers beauty with low maintenance and remarkably low energy costs.
The home boasts over 3,040 sq. ft. of living space plus a 1,000+ sq. ft. epoxy-finished 4-car garage. Designed around a great-room concept, the interior features 12’ ceilings, a stone fireplace, and oversized glass sliders leading to the serene back patio. The chef’s kitchen is a true showpiece, featuring Thermador appliances, double ovens, microwave, custom cabinetry, a farmhouse sink, and an expansive island with bar seating.
Each bedroom is generously sized with an ensuite bath, walk-in closet, and private patio access. The primary suite is a retreat of its own, offering dual closets, dual sinks with built-in toe warmers, a deep garden tub, and a spacious walk-in shower.
Throughout the home you’ll find travertine and engineered wood floors, central vacuum, Cat 5 wiring, and built in speakers. Outdoors, the inviting patio is perfect for entertaining with a built-in BBQ, outdoor sink and fridge, bar seating area, and peaceful surroundings that create a true indoor-outdoor lifestyle. There is ample space for an above ground spa with a dedicated area installed. The driveway is expansive and has a dedicated 3 stall parking area, in addition to the long paver lined parkway where you could fit many, many vehicles. There is ample room for an RV, toys, or other outdoor items that need to be parked. Additionally, there is a "botanical garden" with meandering pathways through the desert themed landscape. Walk along your DG paths under the trees and amongst the native plants.
Tucked away for seclusion yet still close to the city, this home blends elegance, comfort, and convenience for a lifestyle that feels like your own private retreat.
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| Mar 20, 2019 | Sold | ||
| Sold | |||
| Jan 24, 2019 | Listed by Sea Villa Realty | $1,000,000 | |
| Listed by Sea Villa Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017