5517 Bartlett Mountain Road
About This Property
Both homes have been completely remodeled with beautiful tile and high-end finishes, and feature seamless indoor-outdoor flow, mini-split heating and cooling, washer/dryer in both homes, and an on-site EV charging station. Enjoy multiple patios and lounge areas, a firepit, and outdoor soaking tubs for unforgettable desert nights. The Seven Sisters also offers a chef-friendly kitchen with a propane range, a cozy fireplace, and a large indoor soaking tub positioned for mountain and star views.
Currently operated as part-time short-term rentals, this desert compound presents a unique opportunity for short-term rental potential, a multi-parcel investment, or a private high-desert retreat. Competitively priced for the acreage, location, and multi-parcel offering, this is a rare chance to own in one of Joshua Tree's most desirable areas.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017