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8968 Ridgeton Ln
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 23, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by Coldwell Banker West | $975,000 | |
| Listed by Coldwell Banker West | |||
| | |||
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Range price $935,000 to $975,000. Welcome to 8968 Ridgeton Lane, a beautifully upgraded single-story home in Lakeside, CA, perfectly situated on a quiet cul-de-sac with spectacular west-facing views for incredible sunsets. This entertainer’s dream offers a recently remodeled kitchen featuring white cabinetry, quartz countertops, new appliances, and luxury vinyl plank flooring, shutters on every window, alongside updated bathrooms with walk-in showers. The backyard is a private oasis with a sparkling pool, spa, large seating area, and grassy space, plus solar that’s fully paid and RV parking. Mature lemon and avocado trees add to the charm of this spacious home, complete with separate living, dining, and family rooms. Ready for anyone who loves to entertain, this home invites relaxation and joy!
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| Aug 23, 2019 | Sold | ||
| Sold | |||
| Jun 20, 2019 | Listed by Realty Executives All Area | $614,999 | |
| Listed by Realty Executives All Area | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017