2724 Stonehill Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 22, 2026 | Sold | ||
| Sold | |||
| Apr 25, 2026 | In contract | - | |
| In contract | |||
| Apr 20, 2026 | Listed by Joshua Tree Modern | $474,000 | |
| Listed by Joshua Tree Modern | |||
| | |||
|
Beautifully renovated 2-bedroom, 2-bath home in North Joshua Tree set beneath some of the area’s darkest skies, offering exceptional privacy, quiet, and unforgettable stargazing. Fully fenced and surrounded by mature desert landscaping and established trees, this property captures the best of High Desert living with sweeping 360-degree mountain views and a serene, elevated feel.
Inside, the home has been thoughtfully updated with wood flooring, mini split systems, and a light-filled open floor plan that feels both refined and inviting. Clean lines, airy interiors, and a seamless indoor-outdoor flow create a relaxed luxury experience that fits perfectly with the surrounding landscape.
The outdoor setting is designed for enjoyment, with a cowboy tub, jacuzzi, and multiple areas to unwind while taking in the expansive desert scenery. Previously operated as a successful short-term rental generating $55,000+ annually (buyer to independently verify), this property also offers a detached garage with ADU potential for added flexibility and future value.
Ideally located just 10 minutes from Downtown Joshua Tree and centrally positioned near the National Park entrance, Yucca Valley, and Pioneertown, this is a rare opportunity to own a private, beautifully improved desert retreat in one of Joshua Tree’s most desirable settings.
| |||
| Jun 8, 2025 | Price Decreased |
$560,000
↓ $19K
(3.3%) | |
| Price Decreased | |||
| Mar 10, 2025 | Listed | $579,000 | |
| Listed | |||
| | |||
|
Welcome to Stonehill Retreat, a highly rated and well-established Airbnb with over 100 five-star reviews and nearly $50,000 in annual revenue. This charming 2-bedroom, 2-bath home is the perfect blend of comfort, style, and desert serenity, located just 10 minutes from Joshua Tree National Park Visitor Center. Designed with relaxation in mind, the property features a hot tub, cowboy pool, propane fire pit, BBQ, meditation labyrinth, and an outdoor garden space - all set against the stunning backdrop of the Mojave Desert. The fully fenced 2 acre lot provides privacy, while Starlink high-speed internet ensures seamless connectivity for remote work or streaming. Inside, the home boasts an inviting open-concept living area, a primary suite with a king bed and luxurious deep soaking tub, and a second bedroom with a queen bed and access to a full bath with a shower/tub combination. The well-stocked kitchen includes everything needed for morning coffee or preparing meals. Situated in a quiet neighborhood, the property is easily accessible via a short drive on an unpaved road. Whether you're looking for a profitable short-term rental or a personal desert getaway, Stonehill Retreat is a rare opportunity to own an income-generating property in one of the most sought-after destinations near Joshua Tree. Don't miss out on this thriving investment, reach out today for financials and more details!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017