$405,000
●
House -
Off Market
878 Rykers Ridge
Ramona, CA 92065
3 Beds
2 Baths
1,265 Ft²
$701,106
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model
About This Property
You are sure to enjoy the panoramic views to be had on Rykers
Ridge! The fantastic 3 bedroom 2 bathroom home features 1265
square feet of single level living space and sits atop a flat and
very usable lot where the gorgeous surrounding views can be enjoyed
from almost everywhere. A perfect distance from town provides
convenient access to amenities and services, but still with a
desirable level of seclusion. Great value for 2.5 acres of
view property with a home in move-in condition. Neighborhoods:
Ramona Equipment: Range/Oven Other Fees: 0 Topography: LL
Unit Size
1,265 Ft²
Days on Market
39 days
Land Size
2.51 acres
Price per sqft
$312
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2012
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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: 5 months ago (SDMLS #150060970)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by Century 21 Affiliated | $849,000 | |
| Listed by Century 21 Affiliated | |||
| | |||
|
Fantastic opportunity to own million dollar views with this great 2.5 acre Ramona getaway retreat. This lovely 3 bedroom 2 bath home has 8 foot doorways, 9 foot ceilings and views throughout. Many upgrades, include wood style tile in main areas, and carpet in bedrooms. Newly renovated master bath offers an oversized tub and gorgeous glass shower. Nice laundry room with newer washer and dryer, new water heater, and large finished 2 car garage with great storage. Enjoy front row seats for the Christmas lights of the neighborhood, the 4th of July fireworks, and breathtaking sunsets. This property has plenty of usable space, with large 24x48 stalls (could be reconfigured for Mare Motel) round pen, loads of parking for trailers or RV's, wash rack, and newly built shed. On the other side of the house find a large gated area for your furry friends. Hurry for this one, sweet dreams are made of this!
| |||
| Dec 22, 2015 | Sold | ||
| Sold | |||
| Nov 13, 2015 | Listed by Plus Realty Group | $395,000 | |
| Listed by Plus Realty Group | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ramona
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Listed by: Jonathan Mann, Plus Realty Group
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 150060970
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 150060970
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