1
Map
$210,000
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House -
Off Market
49011 Mojave Drive
Morongo Valley, CA 92256
2 Beds
2 Baths
1,451 Ft²
$323,346
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Well-maintained home perched on a hill with spectacular views of
San Jacinto and Morongo Valley! This home has been meticulously
cared for and has many updates, including evaporative cooler,
concrete septic tank, and fresh paint and new tile throughout. The
covered patio is the perfect place to enjoy your meals while
watching wildlife, with majestic mountains as a backdrop. The
master bedroom has a large closet, and the master bath has a unique
sliding barn-style door. The hallway has custom built-in cabinets.
The kitchen has butcher block counters, and you'll enjoy delicious
water thanks to the RainSoft system and reverse osmosis filter.
There is a large, air conditioned bonus room/workshop off of the
garage; it could be converted to an income-earning casita or a
mother-in-law suite. The two car garage is has washer/dryer
hookups. The neighborhood is quiet and peaceful, but is just
minutes from Morongo Valley's cafe and restaurants, Covington Park
and Big Morongo Canyon Preserve. Enjoy Morongo Valley's cooler
temperatures with easy access to Palm Spring, Yucca Valley, and
Joshua Tree.
Unit Size
1,451 Ft²
Days on Market
133 days
Land Size
0.41 acres
Price per sqft
$152
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1983
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #JT19160053)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2019 | Sold | ||
| Sold | |||
| Jul 11, 2019 | Listed by Coldwell Banker Roadrunner | $220,900 | |
| Listed by Coldwell Banker Roadrunner | |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Morongo Valley
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Lark McMillan, Coldwell Banker Roadrunner
Last Updated: 4 months ago
Data Source: CRMLS, MLS# JT19160053
Last Updated: 4 months ago
Data Source: CRMLS, MLS# JT19160053
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