4815 Border Avenue
About This Property
Surrounded by sweeping mountain vistas and the ethereal beauty of Joshua trees, this property places you at the heart of a vibrant creative and outdoor community. Spend your days exploring the park's iconic rock formations, hiking world-renowned trails, or stargazing beneath some of the clearest night skies in the country. The lively Joshua Tree Village is just a short drive away, offering eclectic shops, art galleries, and farm-to-table dining, while nearby Pioneertown and the famed Pappy & Harriet's provide a taste of Old West charm with live music under the stars. Annual events such as the Joshua Tree Music Festival and Bhakti Fest bring a dynamic energy to the area, attracting artists, adventurers, and dreamers alike.
Whether you're envisioning a private desert sanctuary or an income-producing retreat, this property provides the perfect foundation for your vision. Buyer to verify availability and proximity of all utilities.
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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 |
|---|---|---|---|
| Feb 24, 2026 | Sold | ||
| Sold | |||
| Jan 31, 2026 | In contract | - | |
| In contract | |||
| Jan 8, 2026 | Listed by Cherie Miller & Associates | $40,999 | |
| Listed by Cherie Miller & Associates | |||
| Aug 15, 2025 | Listed | $40,999 | |
| Listed | |||
| | |||
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Discover your own slice of Joshua Tree’s breathtaking desert landscape with this expansive 5-acre parcel, on the north side of Joshua Tree, but just a few moments from the entrance to Joshua Tree National Park. This prime location offers the perfect opportunity to create your dream home or design a stunning short-term rental that will captivate visitors seeking an unforgettable desert escape.
Surrounded by sweeping mountain vistas and the ethereal beauty of Joshua trees, this property places you at the heart of a vibrant creative and outdoor community. Spend your days exploring the park’s iconic rock formations, hiking world-renowned trails, or stargazing beneath some of the clearest night skies in the country. The lively Joshua Tree Village is just a short drive away, offering eclectic shops, art galleries, and farm-to-table dining, while nearby Pioneertown and the famed Pappy & Harriet’s provide a taste of Old West charm with live music under the stars. Annual events such as the Joshua Tree Music Festival and Bhakti Fest bring a dynamic energy to the area, attracting artists, adventurers, and dreamers alike.
Whether you're envisioning a private desert sanctuary or an income-producing retreat, this property provides the perfect foundation for your vision. Buyer to verify availability and proximity of all utilities.
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| Jul 3, 2025 | Relisted | $40,999 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017