5175 Shadow Mountain 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 |
|---|---|---|---|
| Apr 30, 2023 | No longer available | - | |
| No longer available | |||
| Jan 27, 2023 | Listed by Keller Williams - Pasadena | $750,000 | |
| Listed by Keller Williams - Pasadena | |||
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Located in one of the best pockets of Joshua Tree not too far from town, yet with a feeling of tranquil seclusion & privacy, this desert oasis awaits! Nestled on a huge and usable 5-acre lot, this 2-bedroom/2-bathroom Adobe casita is completely remodeled from top to bottom with extremely thoughtful handcrafted details throughout. Features include a brand new custom designed kitchen, stunning wood flooring throughout, a perfect layout to maximize space and dreamy desert landscape views for days in every direction. French doors lead to a large patio boasting a custom built deck and an oversized 6 person swim spa that can be switched from hot to cool depending on the season. The space serves as a perfect setting for both epic parties or quiet night time star gazing! The expansive lot also features a fenced in front yard with multiple lounge areas and a huge space that could be used for whatever you can dream up with both storage sheds and horse stables. Whether you?re seeking a profitable investment for a vacation rental or your own desert sanctuary, this one checks all the boxes! The manager has listed the unit size as 720 square feet.
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| Apr 26, 2022 | Sold | ||
| Sold | |||
| Apr 2, 2022 | Listed by Desert Sotheby's International Realty | $479,999 | |
| Listed by Desert Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017