3554 Ridge Road
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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 |
|---|---|---|---|
| May 23, 2024 | No longer available | - | |
| No longer available | |||
| Apr 29, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Price Decreased |
$1,660,000
↓ $40K
(2.4%) | |
| Price Decreased | |||
| Mar 16, 2024 | Listed by Century 21 OMA | $1,699,900 | |
| Listed by Century 21 OMA | |||
| | |||
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Relocation forces sale & quick $40,000 drop- RV parking or space for an ADU with this highly sought-after Sunset Hills home on a private .47-acre corner lot with stunning hilltop views. No HOA or mello roos. Completely remodeled open floor plan featuring a new kitchen with a gas Wolf stove, stainless steel appliances, and a spacious quartz island. New wood floors & stairs, baseboards, and gas hook up fireplace. Upgraded roof, and a new pebble tech saltwater pool (37 x 17) with spa and swim jet controlled with pentair app. Low-maintenance artificial turf in the backyard & an enormous front yard plus RV parking on the left side behind the fence. The owners planned ahead with a ready-to-use cement pad wired & plumbed for future outdoor kitchen installation or ADU. Outdoor shower and lush landscaping create a resort-like atmosphere. Solar panels added in 2022, including pool heating .Freshly professionally painted interior and exterior. RV or boat parking and ample space for an ADU or house addition. 3-car garage plus 5 + driveway parking. Convenient location near freeway access, Costco, restaurants, and just minutes from the beach. A unique property in the neighborhood. Enjoy the distant mountain views & a country feel minutes from all conveniences. Enjoy this showstopper with a massive statement tree in front with mature bird of paradise plants - Welcome to paradise 5 miles to the beach ! This home borders Vista & Carlsbad with good schools nearby ! Recently new Artificial turf on RV side, new tough shed , coffee bar, garage drywall & new closet doors finished this month but seller was relocated now..Had accepted offer this last weekend but buyer couldn't do a bridge loan so canceled...seller may owner finance short term with a large down in leau of cont offers. The manager has listed the unit size as 2455 square feet.
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| Dec 9, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017