5066 LEAR AVE
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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 28, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Listed by Premier Agency Real Estate Inc. | $675,000 | |
| Listed by Premier Agency Real Estate Inc. | |||
| Oct 9, 2025 | Price Decreased |
$675,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Sep 22, 2025 | Listed | $695,000 | |
| Listed | |||
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Desert living, redefined on 5 acres of Joshua Tree heaven. Perfectly set between two entrances to Joshua Tree National Park, this newly remodeled, single-story home offers a rare combination of modern luxury and natural beauty. Step inside, and you’ll feel right at home in the bright, open layout. The heart of the house—the kitchen—is a showstopper. With custom Kraft Maid cabinets, granite countertops, a gorgeous white tile backsplash, top-of-the-line appliances, and an oversized island with room for 3 bar seats, it’s a space built for everything from casual breakfasts to big gatherings. Arched doorways and sliding barn doors lead you from one well-designed space to another, including each of the five-bedroom suites, all spacious enough for a king-sized bed and complete with their own private ensuite bathroom. Everyone gets their own little slice of luxury here, making this home ideal for hosts. But the real magic happens outside. The property is your personal oasis, offering a quiet, private escape from the world. Start your day with coffee on the patio, enjoying the stunning desert sunrises, and end it in the hot tub or around the firepit, soaking up the famous Joshua Tree night skies. The 360-degree views are nothing short of spectacular—you’ll feel like you’re living in a painting. Despite the peaceful setting, you’re just minutes from hiking trails, campgrounds, and local shops. Whether you’re looking for a forever home, a vacation retreat, or a property that doubles as an investment, this one has it all.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017