53744 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%.
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 |
|---|---|---|---|
| Dec 11, 2024 | Listed | $1,295,000 | |
| Listed | |||
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Perched atop one of the highest points in the prestigious Yucca Valley Country Club Estates, this extraordinary home is a stunning fusion of Modern Spanish and high-modern design. A private driveway leads you to nearly 2 acres of land the home sits on. Offering sweeping, unobstructed views of the desert landscape, this property redefines elevated living showcased by custom design and privacy. Inside, sleek modern finishes flow seamlessly through the home, complemented by custom tile selections, creating spaces that are both functional and artistically unique. Expansive gallery walls provide the perfect backdrop for showcasing the most discerning art collection, a dream setting for any art enthusiast. The property is being offered with a curated inventory of designer furniture and evocative art, creating a striking blend of vintage and modern pieces to perfectly complement the home's aesthetic. The home is also equipped with a solar panel system and battery back up. The expansive outdoor space is an entertainer's paradise. Thoughtfully designed for hosting unforgettable events or intimate dinner parties. Revel in the private hiking trails which wind through the desert beauty that surrounds the property, offering unparalleled tranquility and connection to the land. Don't miss the rare opportunity to own a piece of the High Desert's most desired real estate in the coveted Country Club enclave.
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| Apr 7, 2020 | Sold | ||
| Sold | |||
| Jun 6, 2019 | Listed by Coldwell Banker Roadrunner | $449,900 | |
| Listed by Coldwell Banker Roadrunner | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017