3495 Ridgecrest Dr.
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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.
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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 28, 2026 | Listed by LPT Realty | $2,025,000 | |
| Listed by LPT Realty | |||
| Jul 6, 2026 | Sold | ||
| Sold | |||
| Jun 26, 2026 | In contract | - | |
| In contract | |||
| Jun 21, 2026 | Listed by Compass | $1,899,000 | |
| Listed by Compass | |||
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Welcome to 3495 Ridgecrest Drive, a rare single-level residence tucked away on one of Olde Carlsbad's most desirable and peaceful streets. Set on an expansive 0.30-acre lot, this 3-bedroom, 2-bath home offers the perfect blend of privacy, comfort, and coastal North County lifestyle.
Enjoy beautiful mountain and hillside views from the property while taking advantage of the highly sought-after single-story floor plan, a rarity in today's market. The spacious layout is filled with natural light and offers seamless indoor-outdoor living, creating an ideal setting for both everyday living and entertaining.
Situated within the highly regarded Carlsbad Unified School District, the home is conveniently located near Magnolia Elementary and Carlsbad High School, making it an exceptional opportunity for families seeking top-rated schools.
The oversized lot provides ample space for outdoor enjoyment, future enhancements, or simply relaxing and taking in the tranquil surroundings. A two-car garage, mature neighborhood setting, and pride of ownership throughout the area further enhance the property's appeal.
Olde Carlsbad remains one of North County's most coveted communities, known for its larger lots, established character, coastal charm, and close proximity to Carlsbad Village, award-winning schools, parks, dining, shopping, and some of Southern California's most beautiful beaches. Residents enjoy the unique combination of a quiet residential atmosphere with convenient access to everything that makes Carlsbad such a sought-after place to call home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017