$515,000
●
House -
Off Market
942 Ridge Heights Drive
Fallbrook, CA 92028
3 Beds
2 Baths,
1
Half Bath
2,248 Ft²
$768,949
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Peaceful 55+ living. Paradise. Nice single story Home. Entertainers
Kitchen- Quartz Countertops, stainless steel appliances, recessed
LED & pendant lighting, large island, pantry. nu windows & sliders–
so light & bright. Huge Master Suite. Sep Laundry room, fireplace,
ceiling fans, tankless wtr htr, cabinets galore. Gorgeous bathrooms
and so much more. Almost 1/4 acre, Park-like Backyard with mature
landscaping. So private & peaceful. TOTALLY MOVE-IN READY Home is
immaculate RESORT LIVING FOR ACTIVE SENIORS, 55+. EAST RIDGE
IS AN ACTIVE GATED COMMUNITY OFFERING A LEVEL WALKING TRAIL LOOP
AROUND THE WHOLE COMMUNITY, CLUBHOUSE, POOL/SPA, TENNIS & PICKLE
COURTS, BOCCE BALL, SECURE RV PARKING STORAGE, PUBLIC GARDENS, AND
MANY SOCIAL ACTIVITES. MAGNIFICENT Home. Entertainers Kitchen-
Quartz Countertops, stainless steel appliances, recessed LED &
pendant lighting, large island, pantry. nu windows & sliders- so
light and bright. Huge Master Suite. Sep Laundry room, fireplace,
ceiling fans, tankless wtr htr, cabinets galore.Gorgeous Bathrooms
and so much more. so light and bright. Huge Master Suite. Sep
Laundry room... See More Below Almost 1/4 acre, Park-like
Backyard with mature landscaping. So private & peaceful. TOTALLY
MOVE-IN READY.Home is immaculate. Pride of ownership
throughout. Enter into Magnificence - beautiful wood floors lead
you to the large open kitchen/dining room combo with large Island
and pantry which opens to huge family room & living room with cozy
fireplace and built-ins. Check out those new stainless appliances &
customized lighting . Sit down on the bar stools and enjoy some
beverages while preparing dinner. So light & bright with new
dual paned windows and sliders– seeing the beauty outside. Large
bedrooms with ceiling fans & separate laundry room with a sink &
more cabinets. Quartz counters are everywhere. The Master
suite has large walk-in closet with organizers & dual sinks, etc.
The backyard is so peaceful & low maintenance landscape wi...
Unit Size
2,248 Ft²
Days on Market
44 days
Land Size
-
Price per sqft
$234
Property Type
House
Property Taxes
-
HOA Dues
$267
Year Built
1989
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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: 4 months ago (SDMLS #190047799)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2023 | No longer available | - | |
| No longer available | |||
| Mar 24, 2023 | In contract | - | |
| In contract | |||
| Mar 10, 2023 | Listed by Redfin Corporation | $825,000 | |
| Listed by Redfin Corporation | |||
| | |||
|
Beautiful single level home located within the highly desirable 55+ gated community of East Ridge in Fallbrook! The home is situated on a premium Greenbelt lot with gorgeous mountain views! This amazing residence features plantation shutters, cozy fireplace, and luxury vinyl wood planks throughout the main living area of the home. Large and open floor plan that includes vaulted ceilings and large windows that basks the home in an abundance of natural light! Beautiful appointed entertainers kitchen that features a large island, granite countertops and stainless steel appliances. The manager has listed the unit size as 2248 square feet.
| |||
| Oct 11, 2019 | Sold | ||
| Sold | |||
| Aug 29, 2019 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
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 Fallbrook
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Listed by: Gregg Alexander, RE/MAX United
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190047799
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190047799
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