74
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7 Ridgeline Way
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 |
|---|---|---|---|
| Sep 29, 2026 | Listed by Dwelling | $1,629,900 | |
| Listed by Dwelling | |||
| Apr 20, 2021 | Sold | ||
| Sold | |||
| Feb 27, 2021 | Listed by Keller Williams Realty | $1,074,900 | |
| Listed by Keller Williams Realty | |||
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Wow, what a desert gem. Located in the heart of Rancho Mirage and surrounded by our gorgeous mountains. This stunner is located at the end of the cul-de-sac and is the most desirable location in the development, 4 bedrooms, 4.5 baths, which includes a spacious detached Casita with separate entry. Guest bedrooms are ensuites and located away from the master bedroom which make great for visitors or otherwise. Bedrooms and living room have beautiful etched glass double doors that add to the beauty this home has to offer. The kitchen includes Viking appliances, cherry cabinets, and granite countertops. BBQ is located outside on the adjacent patio off of kitchen nook. Spacious Master bedroom which includes a fireplace and spacious bathroom to include, soaking tub and wonderful views of the pool area. Very open and large walk in closet . Pool features pebble tec to include a tanning ledge and spa, surrounded by the beautiful Southern mountains. Truly amazing views. This home is an entertainers dream. Come grab the lifestyle the desert has to offer and this Stunning home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017