53169 29 Palms Hwy Highway
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 14, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by RE/MAX Desert Properties | $555,000 | |
| Listed by RE/MAX Desert Properties | |||
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Welcome to Ruby Canyon! Nestled in its own private canyon, this expansive 13-acre property offers the ultimate blend of space, comfort, and rural charm. The two-level home boasts two great rooms and two kitchens, ideal for large gatherings or multi-generational living. With 4 bedrooms, a bonus area, and 3 bathrooms, there's plenty of room for everyone.Outside, enjoy unique features like a she shed/man cave, RV carport, tack house, corrals, and a chicken coop, perfect for those with a love for animals and outdoor hobbies. The property also includes a 3-car garage and offers breathtaking valley views that make every sunset special. Don't miss this rare opportunity to own a one-of-a-kind retreat at Ruby Canyon! * Note 2 Parcels are included in this sale.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017