3568 Ridge Road
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 |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | Listed by Compass | $1,300,000 | |
| Listed by Compass | |||
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sold prior to MLS
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| Sep 16, 2025 | Listed | $1,350,000 | |
| Listed | |||
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Buyer incentives available for this remodeled Sunset Hills home. With 5 bedrooms, and 3 full bathrooms. Welcomed in by a vaulted entry, the 1st floor includes: formal dining, living & family rooms, 1st floor bedroom and full bath, laundry room and a remodeled kitchen opening to peaceful backyard with covered patio area and large grass yard. The second story offers a Large Primary suite with ample closet space, westerly views, and remodeled bathroom with dual vanities. 2 additional bedrooms, full bath, and an expansive bonus room (or 5th bedroom) provides a number of options. 3-car, direct access garage equipped with built-in cabinets, workbench & tool station, overhead storage, and EV outlet. Sunset Hills is ideally located with close proximity to freeway access, great schools, parks, lake & hiking trails, and the many restaurants and attractions of coastal Carlsbad.
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| Jul 21, 2025 | Listed | $1,400,000 | |
| Listed | |||
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Beautifully remodeled Sunset Hills home with 5 bedrooms, and 3 full bathrooms. Welcomed in by a vaulted entry, the 1st floor includes: formal dining, living & family rooms, 1st floor bedroom and full bath, laundry room and a remodeled kitchen opening to peaceful backyard with covered patio area and large grass yard. The second story offers a Large Primary suite with ample closet space, westerly views, and remodeled bathroom with dual vanities. 2 additional bedrooms, full bath, and an expansive bonus room (or 5th bedroom) provides a number of options. 3-car, direct access garage equipped with built-in cabinets, workbench & tool station, overhead storage, and EV outlet. Sunset Hills is ideally located with close proximity to freeway access, schools, parks, hiking trails, and the many restaurants and attractions of coastal Carlsbad.
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| Jul 27, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017