55463 Ennis Lane
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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 30, 2020 | Sold | ||
| Sold | |||
| Jul 21, 2020 | Listed by Sharon Rose Realty, Inc. | $255,000 | |
| Listed by Sharon Rose Realty, Inc. | |||
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Wonderful private gated hillside home overlooking the mountains of Yucca Valley with sweeping views of the high desert. Property includes 2 legal parcels for nearly a 1 acre property. Gently sloped with rock formations and Joshua Trees. Perfect for the Palm Springs commuter. 5 minute drive to Old Town Yucca Valley with shops and eateries and very close to Pioneertown. Joshua Tree National Monument had over 3 million visitors in 2018 making the area one of the hottest short term rental area in California. Enjoy the peace and tranquility of a small town with a cooler Hi-Desert climate compared to the Coachella Valley. Adjacent parcel to be purchase in addition to home for $15,000 lot is APN #0585-142-05-0000. Don't wait on this one call now!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017