22
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342 Ridgeway
About This Property
Privately situated at the rear of the home, the primary suite includes two separate closets and a security screen door providing direct access to the backyard. The ensuite bathroom features a separate vanity area for added convenience. The additional two bedrooms are nicely sized and the front bedroom features French doors and a flexible space for either bedroom, office or den.
Step outside to a peaceful backyard retreat with a covered trellised patio, mature landscaping, newer wood fencing, and plenty of space for gardening or outdoor entertaining. Enjoy ocean breezes and surrounding foothills. The attached garage includes a workshop, hobby room, laundry area, and a generous pantry, offering exceptional versatility and storage.
Additional upgrades include a newer HVAC system, hot water circulation pump, newer water heater, dual-pane windows. Wonderful, welcoming community conveniently located near neighborhood parks, golf courses, shopping, dining, and with easy access to Highway 126.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$875,000
↓ $24K
(2.7%) | |
| Price Decreased | |||
| Aug 28, 2026 | Price Decreased |
$899,000
↓ $16K
(1.8%) | |
| Price Decreased | |||
| Aug 2, 2026 | Listed by Re/Max Coastal Homes | $915,000 | |
| Listed by Re/Max Coastal Homes | |||
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About San Buenaventura (Ventura)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017