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About This Property
The land is adorned with picturesque Joshua Trees, adding to the unique desert charm and providing a natural landscape that enhances its appeal. Whether you're looking to build your dream home or invest in a serene desert retreat, this property offers a blank canvas with ample space to bring your vision to life.
Embrace the tranquility of desert living while being just a short drive from local amenities and attractions. This parcel presents a rare opportunity to secure a sizable piece of Adelanto's growing real estate market. Don't miss out-contact us today to explore the possibilities of this versatile property!
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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 3, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | Relisted | $26,000 | |
| Relisted | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| Aug 19, 2024 | Listed by Lee & Associates | $26,000 | |
| Listed by Lee & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017