3990 Border 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 25, 2023 | No longer available | - | |
| No longer available | |||
| May 1, 2023 | In contract | - | |
| In contract | |||
| Apr 12, 2023 | Listed by Compass | $699,000 | |
| Listed by Compass | |||
| | |||
|
Welcome to "The Solarium," an exceptional escape located in the heart of Joshua Tree. Seated on over an acre of stunning desert land, this meticulously designed and renovated 1,385 square foot getaway is an oasis unlike any other. Upon entering the grounds, you are greeted with a sense of tranquility and serenity evoked by the breathtaking cacti garden and mature desert landscaping. Inside, the sunny entry and sitting room are open and airy, flooded with an abundance of natural light and huge windows to bring the outdoors in. The beautifully remodeled kitchen is equipped with butcher block counters and high-end appliances, making this the perfect place to entertain family, friends, or guests. Cozy up by the fireplace with a glass of wine, gaze at galaxies of stars through the house telescope, or enjoy s'mores by the outdoor fire pit with loved ones. The luxurious hot tub is a perfect place to unwind after a long day of exploring Joshua Tree National Park or the restaurants and shops of nearby Joshua Tree Village. The location is superb - minutes away from all the local amenities and attractions, yet hidden from the world in your own tranquil garden. Not only is this property a unique escape, it is also a Superhost property on AirBnb, totally dialed in and ready for you to fall in love with. Don't miss out on this rare opportunity to own a piece of Joshua Tree paradise! Come see "The Solarium" for yourself and experience the magic of this truly one-of-a-kind property. *Currently utilized as a 3 bedroom, 2 bath short-term rental and available fully furnished. The manager has listed the unit size as 1385 square feet.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 16, 2020 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017