50531 Oskar Lane
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 |
|---|---|---|---|
| Oct 5, 2025 | Price Decreased |
$215,000
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Sep 25, 2025 | Price Decreased |
$219,900
↓ $9K
(4%) | |
| Price Decreased | |||
| Sep 12, 2025 | Listed | $229,000 | |
| Listed | |||
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Discover your desert retreat with this studio cabin nestled on 5 acres of pristine land in scenic Morongo Valley. Perfectly blending peace, privacy, and breathtaking surroundings, this property offers a rare opportunity to enjoy the tranquil beauty of the desert with expansive mountain views in every direction.
Inside, the cabin provides a cozy open layout with plenty of natural light and endless potential as a weekend getaway, artist’s retreat, or future short-term rental. Step outside and experience the serenity of wide-open desert landscapes, star-filled night skies, and the quiet stillness only the high desert can provide. The home includes a 10x12 shed.
Located just minutes from Palm Springs, Yucca Valley, and Joshua Tree National Park, you’ll have easy access to world-class hiking, shopping, dining, and entertainment while still enjoying the privacy of your own desert escape. The central location to so many desert activities both in the low and high lands is incredibly convenient at an unbeatable price. Other favorite spots nearby include pioneertown, Johnson Valley OHV area (home to King of the Hammers), The Sand to Snow Monument, The Big Morongo Canyon Preserve (a magical forest oasis right in Morongo Valley), Palms Springs Aerial tram and the nightlife of downtown palm springs.
Whether you’re looking for a personal hideaway, a simple minimal full time life, or creative space, this property is a unique gem in the heart of the high desert. All household items and furnishings may be included.
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| Mar 10, 2020 | Sold | ||
| Sold | |||
| Oct 9, 2019 | Listed by Desert Area Property | $115,000 | |
| Listed by Desert Area Property | |||
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Here is a great opportunity to own 5 acres with an adorable studio cabin with matching storage shed overlooking the San Jacinto Mountain range. Cabin has power and is on San Bernardino County special water district. Possibilities are endless. Have your own get away cabin, make and airbnb, riding stables, board horses....
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017