56457 Mesquite Road
About This Property
Escape to your private sanctuary in this charming two-bedroom, one-bathroom home nestled on five acres of pristine desert land. This secluded retreat offers breathtaking panoramic views, perfect for those seeking tranquility and connection with nature. The cozy home features an open floor plan, allowing natural light to flood the living spaces, highlighting the beauty of the surrounding landscape. The property is a true oasis of privacy, ideal for artists, writers, or anyone looking for a peaceful getaway. Embrace the serenity of desert living with this unique opportunity. over 1 acre is fenced. RV, toys and boat parking. Surrounded by some (BLM) government land.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 1, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Price Decreased |
$265,000
↓ $10K
(3.6%) | |
| Price Decreased | |||
| Nov 17, 2024 | Price Decreased |
$275,000
↓ $24K
(8%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $299,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017