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50151 Mecca Road
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%.
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 |
|---|---|---|---|
| Nov 16, 2020 | Sold | ||
| Sold | |||
| Sep 9, 2020 | Listed by Windermere Homes & Estates | $184,900 | |
| Listed by Windermere Homes & Estates | |||
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NO 4-Wheel drive needed for this Desert Retreat! Secluded on 5 acres surrounded by stunning Mountain and Valley views while only 30 minutes or less to Joshua Tree National Park AND Downtown Palm Springs. Functional in it's design, modern in it's flare and integrated with SMART home system technology allowing you to keep an eye on your Hidden Gem from anywhere in the world and easily monitor the essentials like water, electricity, and security. The entire structure was recently renovated inside and out offering the ideal level of comfort and convenience when you finally get time to just get away from it all. Sold 100% TURN-KEY. Sip your morning coffee from your private patio, feel the fresh, quiet air and sun, maybe even take a short stroll over to the sacred healing circle (1 of 7 world-wide, pictured in listing photos); the day is yours. The rush to the desert mountains is on; secure your place today. Call/Text for a private showing; virtual tour should pop up on whatever website you are on but feel free to reach out and we will get you whatever you need.
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| Dec 16, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $139,900 | |
| Listed | |||
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Modernized Homesteader's Cabin on 5 ACRES! 400 square feet of living space with an additional 200 on patio with room to expand! Interior has new flooring, cabinets, counters, from top to bottom NEW NEW NEW! Exterior features a fire pit and horseshoe pit. Adjacent to the property is Angel Canyon Circle believed to be a sacred healing circle and connected with 7 other points across the world. Location is everything with this one... Stunning mountain and valley views give you an away feeling, but still only 10 minutes from town and 30 minutes to both Joshua Tree National Park and Palm Springs. Do not miss your chance to own your own personal retreat in the Hi-Desert! The manager has listed the unit size as 280 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017