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3659 Wilson Road
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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 |
|---|---|---|---|
| Apr 29, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | Listed by Joshua Tree Modern | $495,000 | |
| Listed by Joshua Tree Modern | |||
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Nestled in the serene expanse of Wonder Valley, just 15 minutes from downtown 29 Palms and near the Eastern Entrance of Joshua Tree National Park, this fully remodeled 2-bedroom, 3-bathroom home is the ultimate desert retreat. Set on 10 acres (parcels 062629135 and 062629136), this property seamlessly blends modern convenience with desert charm, featuring spacious bedrooms, sleek concrete floors, and a fully stocked kitchen ready for your next gathering. A separate dining room offers a cozy space for meals, while the living room fireplace adds warmth and ambiance.
Designed for relaxation and entertainment, the home also includes a flex room currently used as a game room, extra sleeping area, and bar. Step outside to enjoy the partially fenced backyard, offering privacy while still embracing the open desert landscape. The property is on its own well for a reliable water source and features paid-off solar, adding energy efficiency and cost savings.
Sold fully furnished, this home is turnkey and perfect as a primary residence, second home, or short-term rental investment.
A rare find with endless possibilities, this property invites you to experience tranquility, adventure, and investment potential all in one.
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| Jun 8, 2024 | No longer available | - | |
| No longer available | |||
| Apr 5, 2024 | Price Decreased |
$645,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Nov 8, 2023 | Listed by Compass | $650,000 | |
| Listed by Compass | |||
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Welcome to the Wonder Ranch! This fully OFF-GRID 10-acre desert property offers a relaxing retreat complete with unmatched privacy and panoramic views throughout. At the heart of the property is a charming single-story home with 2 bedrooms, 2 full bathrooms, formal dining room, kitchen with bar-top seating, and a separate laundry area. Inside, the home features open-beam ceilings, polished concrete flooring, custom-tailored furniture, and stunning modern finishes throughout. The structure has been updated with Tesla solar panels and Tesla powerwall, newly installed windows, and a resurfaced roof. Outside there is a bunkhouse perfect for entertaining and accommodating short-term rentals, along with a hot tub and storage shed. The bunkhouse includes 6 queen-sized triple bunk beds, a custom-built redwood bar, ping-pong table, and full bathroom. Additional features include a fire pit, a covered deck area, agave-cactus garden, satellite wi-fi, and plenty of room for a pool or potential expansion later on. The property is self-sustaining and comfortably sleeps 18+ people. The 5-acre Lot to the east is included within the sale, 1.5 acres of the 10 total acres are currently fenced. On property is a propane tank for Gas Range and In-Ground Well for water. Close proximity to Joshua Tree, military base, and the center of 29 Palms. The manager has listed the unit size as 2052 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017