10085 Hamilton Road
About This Property
Located in the heart of the Mojave Desert, this property is a true fixer-upper, offering immense potential for renovation, expansion, or even new construction. Whether you're looking to create a peaceful desert retreat, a full-time residence, or a high-return investment project, the possibilities here are endless.
The property features two structures-the main house and a smaller side house-both with good bones and ready for a full renovation. Utilities are already in place, including electricity, a private well, and septic system, providing a strong foundation for development.
With nearly 10 acres of space, there's plenty of room to build additional structures, create a ranch-style compound, or develop your own off-grid oasis.
If you're seeking a project with vision and value, 10085 Hamilton Rd is your blank slate in the desert. Don't miss this incredible investment opportunity!
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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 |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Price Decreased |
$169,990
↓ $30K
(15%) | |
| Price Decreased | |||
| Apr 11, 2025 | Listed by Keller Williams North Valley | $199,900 | |
| Listed by Keller Williams North Valley | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017