3515 Condor Road
About This 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 16, 2021 | Sold | ||
| Sold | |||
| Jan 26, 2021 | Listed by Compass | $279,900 | |
| Listed by Compass | |||
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Wide open spaces call- here is a gem. 1932 Adobe farmhouse located on 7.74 acres. Panoramic desert and Mountain views. All the solitude you want with close proximity to downtown- paved roads up to driveway.2 BR/2 BA with sunroom (currently blacked out for grow room) easy conversion back. Major renovations completed in 2020 including but not limited to Solar system (owned and will be paid off at close of escrow), updated aluminum frame windows , kitchen cabinets, copper plumbing, new septic installed, 200' well with electric pump for irrigation. Roof redone, heat pump and split AC system installed. All that is left are your finishing touches. At this price, property is being sold in it's as is condition, no repairs shall be done at Seller's cost. This is your ideal opportunity to start up a greenhouse , tree farm? Hemp farm? Horses, chickens?? Possibilities are endless and seller has a map of his vision for the property he is willing to share. Don't hesitate and miss your opportunity to escape the rat race. Easy to quarantine under these starlit skies!
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| Jun 25, 2019 | Sold | ||
| Sold | |||
| May 4, 2019 | Listed by Joshua Tree Modern | $138,000 | |
| Listed by Joshua Tree Modern | |||
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Cute original homestead cabin, expanded and completely renovated in 2015 with new dual pane windows, new roof, flooring and landscaping. With a wraparound porch in the front and a covered patio in the rear. With more than 7.5 beautiful acres of open land, the sunsets are and views are spectacular. Only 1/2 mile from the base and minutes to downtown and Joshua Tree National Park. It has a cedar closet in the master, a dining room, separate laundry room and all appliances. Plenty of privacy and easy access.
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| Oct 16, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017