20045 Ottawa Road
About This Property
The open and bright living area features brand new flooring and windows, while the kitchen is a showstopper with its sleek stainless steel appliances and quartz countertops-perfect for whipping up your favorite meals. Stay cool and comfortable with central AC and ceiling fans throughout.
You'll love the convenience of the attached two-car garage, plus there's a fantastic bonus-a 2,100 square foot permitted structure ready for use as a workshop or potential 1,200 square foot ADU, already city-approved. Brand new roofs on both structures. Take in the million dollar breathtaking view of the High Desert from your spacious backyard, ideal for hosting barbecues or just kicking back.
As a bonus, the adjacent lot is part of the property, offering endless possibilities for development or extra storage for your outdoor toys. Close to Apple Valley rd. and the Jess Ranch marketplace, the best shopping and dining in the high desert. Come see what makes 20042 Ottawa Road the perfect place to call home!
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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 28, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | Listed by The Real Brokerage, Inc. | $579,000 | |
| Listed by The Real Brokerage, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017