3883 Pinto Mountain 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 |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | Listed by Joshua Tree Modern | $445,000 | |
| Listed by Joshua Tree Modern | |||
| Jun 10, 2024 | No longer available | - | |
| No longer available | |||
| May 27, 2024 | Listed by Triad Realtors | $580,000 | |
| Listed by Triad Realtors | |||
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Pristine and turn key ready, welcome to your dream home!! This beautifully remodeled two-bedroom two-bath house sits on a sprawling 5 acre lot, offering an idyllic blend of modern luxury and serene desert living at its finest! Every inch of this home has been thoughtfully upgraded, featuring top of the line finishes and fixtures throughout. The open concept living space is perfect for entertaining, with a gourmet kitchen that boasts state of the art appliances, custom cabinetry, and elegant countertops. The lovely bedrooms are tranquil retreats, each with its own luxurious bathroom featuring contemporary design and high-end amenities. Step outside to find breathtaking views that will captivate you day and night. Enjoy gazing at the stars in the clear desert sky, or entertain guests on the expansive concrete parking area, which provides ample space for multiple vehicles. The property also includes an 1800 square-foot garage with a work shop, ideal for any hobbyist or car enthusiast. For outdoor fun and recreation, you'll find as basketball court and a nine-hole putting green, perfect for sports lover and golf enthusiasts alike. The property is equipped with a well and solar power ensuring sustainable and self-sufficient living. Including 200 amp upgraded electrical, separate laundry room/craft room, 18,000 & 12,000 BTU for the wifi compatible mini splits, USB outlets throughout the house, attic fan in house & garage, thermostat controlled, 2 - 10 x 12" storage structures, 20 X 30 basketball court, 20 x 26', 1800 sq. ft. garage with 100 amp service, 10" walls in garage with thermostat exhaust fan, game room, with potential for an ADU, or possible rental income. The garage could also be sectioned off, allowing owner to utilize 2/3 of the garage for their personal storage or rental storage space. All this, plus lots of concrete parking! Located close to Joshua Tree National Park, and the nearby Military Base. Don't miss your chance to own this stunning Desert Oasis! Absolutely gorgeous!! The manager has listed the unit size as 956 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017