4500 Laferney Avenue
About This Property
With 636 feet of frontage on Laferney Avenue and 295 feet of frontage on Sunflower Road, this flat, rectangular parcel is located just minutes from the world-renowned Joshua Tree National Park, inviting you to explore endless hiking trails, marvel at iconic rock formations, and soak in vibrant desert sunsets. Whether you're an outdoor enthusiast or a stargazing aficionado, this area delivers unforgettable experiences, from climbing nearby boulders to witnessing some of the clearest night skies in the country.
Immerse yourself in the creative spirit of the Joshua Tree community, where bohemian charm thrives in eclectic galleries, unique boutiques, and artisanal eateries. This vibrant desert town is a haven for artists and dreamers alike, offering a lifestyle as inspiring as the landscape.
With 4.3 acres of untouched potential, this property is your blank canvas to create the desert retreat of your dreams. Build your ideal home, design an organic garden, or simply revel in the tranquility of wide-open spaces. The possibilities are endless in this one-of-a-kind setting.
Seize this rare opportunity to own a slice of North Joshua Tree and make your desert sanctuary a reality.
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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 |
|---|---|---|---|
| Jan 21, 2025 | Sold | ||
| Sold | |||
| Dec 13, 2024 | Listed by Nexus Commercial | $19,500 | |
| Listed by Nexus Commercial | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017