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5235 Border Avenue
About This Property
Each of the three bedrooms offers generous space and privacy, with the primary suite boasting its own ensuite bath and direct access to the patio for effortless indoor-outdoor living. The additional bathrooms are beautifully updated with modern touches, offering both style and functionality for family or guests. Step outside to your private desert oasis-complete with a spacious high covered patio, a dining area perfect for outdoor meals, a cozy fire pit to gather around under the stars, and a soothing jacuzzi for relaxing after a long day of exploration. The backyard is designed for entertaining, blending comfort and style while surrounded by panoramic mountain and desert views. Located just minutes from Joshua Tree National Park, local shops, and restaurants, this home perfectly captures the balance between tranquility and convenience. Whether you're drawn by the natural beauty, artistic energy, or peaceful atmosphere, 5235 Border Ave offers a true desert sanctuary where every sunset feels like a masterpiece.
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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 |
|---|---|---|---|
| Sep 2, 2026 | Listed by Harcourts Prime Properties | $435,000 | |
| Listed by Harcourts Prime Properties | |||
| May 24, 2025 | Price Decreased |
$699,000
↓ $26K
(3.6%) | |
| Price Decreased | |||
| May 14, 2025 | Price Decreased |
$724,999
↓ $24K
(3.2%) | |
| Price Decreased | |||
| Apr 28, 2025 | Listed | $749,000 | |
| Listed | |||
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Turn-Key Airbnb Gem on 4.8 Acres!This beautifully updated and fully furnished 2-bed, 2-bath home plus a detached 1-bed, 1-bath casita is an exceptional short-term rental opportunity, already operating as an active Airbnb. Set on a private 4.8-acre lot at the end of a quiet street, it offers the perfect blend of style, comfort, and income potential.The main home features beamed ceilings, a modern chandelier, a cozy fireplace, and a slider that opens to a large covered patio. The remodeled kitchen boasts quartz counters, white cabinetry, recessed lighting, and a chic hex tile backsplash. Both bedrooms are generously sized, with the primary suite offering a private bath and walk-in shower. A second full bath and a separate laundry room add function.The spacious casita includes its own bathroom with walk-in shower, ideal for guests or additional rental income. Outside, enjoy a huge covered patio, concrete entertaining area, pendant lighting, above-ground hot tub, and stunning desert views. With ample parking, total privacy, and proven rental history, this property is the ideal desert investment--ready to host and earn from day one!
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| Jun 25, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017