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9525 DESERT RIDGE Drive
About This Property
Discover the potential of this distinctive Mid-Century Modern gem, once owned by renowned local artist Catherine Kistenmacher. Nestled on a generous ¾-acre lot in one of the area's most sought-after neighborhoods, this home offers a unique blend of history, character, and opportunity.
Featuring spacious formal living and dining rooms, a cozy sitting area, a charming breakfast nook, and four generously sized bedrooms, the layout provides the perfect canvas for your dream home. With a bit of vision and creativity, this architectural classic can be lovingly restored to its former glory.
Don't miss the chance to make this iconic residence your own - a true masterpiece waiting to be reimagined.
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Cap Rate Calculator
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 15, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Price Decreased |
$288,000
↓ $10K
(3.4%) | |
| Price Decreased | |||
| Oct 7, 2025 | Relisted | $298,000 | |
| Relisted | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017