$2,500,000
●
House -
Off Market
6 Ridgecrest Terrace
San Mateo, CA 94402
3 Beds
2 Baths,
1
Half Bath
2,410 Ft²
$3,057,117
RealtyHop Estimate
28.02%
Since Nov 1, 2019
CA-San Francisco
Primary Model
About This Property
Nestled in the highly coveted Baywood Park neighborhood is this
immaculate executive residence. Located on a quiet cul de sac, this
home has been meticulously cared for and upgraded. Offering a
versatile floor plan with plenty of indoor and outdoor
entertainment space, this home is filled with abundant natural
light. The living room features a wood burning fireplace and
soaring ceilings. The formal dining room offers easy access through
its french doors to the expansive main deck. The open concept
kitchen area offers a walk-in pantry, gas range, built-in wine
refrigerator and breakfast bar. The adjacent family room is
equipped with a smart TV, gas fireplace and french doors leading
out to the deck which offers ambient lighting and built-in
planters. The master suite is truly a retreat with its oversized
room with vaulted ceilings, dual walk in closets, skylight, jacuzzi
tub, vanity and an adjacent sitting room/office. This room could be
converted to a 4th bedroom! Many upgrades!
Unit Size
2,410 Ft²
Days on Market
39 days
Land Size
0.20 acres
Price per sqft
$991
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 9 months ago (MLSListings Inc. #ML81768706)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2019 | Sold | ||
| Sold | |||
| Sep 16, 2019 | Listed by Intero Real Estate Services | $2,388,000 | |
| Listed by Intero Real Estate Services | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Western Hills
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Listed by: Lana Morin, Intero Real Estate Services
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81768706
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81768706
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