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About This Property
The spacious location provides added flexibility for building and easy access. Utilities, including electricity, are nearby, and the property is conveniently situated close to shopping, dining, and local attractions.
An additional adjoining lot is also available for purchase APN: 0590-192-16-0000 corner lot, listing ID HD26138794 offering the opportunity to own nearly half an acre of land when purchased together.
Enjoy the beauty of the desert landscape, breathtaking sunsets, and the peaceful atmosphere that makes 29 Palms such a desirable destination. Don't miss this opportunity to invest in one of the High Desert's growing communities.
Approx. 0.26 acres
Desert and mountain views
Electricity nearby
Close to Joshua Tree National Park
Near Tortoise Rock Casino
Great opportunity for a custom home or investment 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 |
|---|---|---|---|
| Jun 23, 2026 | Listed by Century 21 Masters | $24,999 | |
| Listed by Century 21 Masters | |||
| Aug 26, 2025 | Relisted | $999,000 | |
| Relisted | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Relisted | $999,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017