49466 Mojave Drive
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%.
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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 |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 8, 2025 | In contract | - | |
| In contract | |||
| May 25, 2025 | Listed by Cherie Miller & Associates | $349,000 | |
| Listed by Cherie Miller & Associates | |||
| | |||
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Charming Remodeled Home with Scenic Views in Morongo Valley!
Welcome to this beautifully remodeled 3-bedroom, 2-bath home nestled in the heart of Morongo Valley. Built in 1973 and thoughtfully updated throughout, this 1,272 sq ft residence perfectly blends vintage character with modern comfort. Enjoy sweeping views of Mt. San Jacinto from the covered front porch, shaded by a mature palo verde tree that enhances the home's desert charm.
Step inside to find a host of upgrades, including a 7.1 surround sound home theater system, newer dual-pane windows, new roof, new water heater, updated fixtures, and a Nest thermostat paired with a Ring doorbell for smart, secure living. The HVAC system is newer as well, ensuring year-round comfort.
The spacious floor plan features a bright living area, a well-appointed open concept kitchen, and comfortable bedrooms, all designed with function and style in mind. A two-car garage provides ample parking and storage.
Located just a short drive from both Palm Springs and Yucca Valley, this home offers the perfect blend of peaceful desert living and easy access to city amenities.
Don’t miss the chance to own this turnkey home with unbeatable views and modern upgrades — it’s ready for you to move in and make it your own!
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| May 15, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2018 | Listed by JT Village Realty | $175,000 | |
| Listed by JT Village Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017