17044 Tiama Road
About This Property
Welcome to this stunning home located in the serene and scenic Sycamore Rocks community, perfectly positioned amidst the breathtaking rocks of Apple Valley. With over 2,500 square feet of living space, this expansive home offers two spacious primary bedrooms and 2.5 bathrooms, making it ideal for comfort and privacy. The open-concept design creates a bright and inviting atmosphere, seamlessly connecting the living, dining, and kitchen areas. The den provides flexible space that could easily be converted into a third bedroom, offering additional versatility to suit your needs.
Enjoy peaceful desert evenings in the meticulously maintained backyard, where you can unwind while taking in panoramic views of the city lights-a perfect spot to relax or entertain. Recent updates include a brand-new HVAC unit, ensuring year-round comfort and efficiency. Located in a unique, tranquil setting, this home offers a rare opportunity to live among nature while still being close to modern conveniences.
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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 |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Listed by First Team Real Estate | $519,000 | |
| Listed by First Team Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017