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56461 Lowe Avenue
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 |
|---|---|---|---|
| Oct 2, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Relisted | $309,000 | |
| Relisted | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by eXp Realty of Southern California, Inc | $309,000 | |
| Listed by eXp Realty of Southern California, Inc | |||
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Welcome to your dream home! This charming three-bedroom, home sits on 1.25 acres of prime horse property which is surrounded by the majestic, secluded and abundance of desert landscaping. This home features an inside laundry room, gorgeous bamboo flooring, French doors to the covered patio, double paned windows, remodeled kitchen, and granite counter tops. Freshly painted inside and out. Enjoy stunning mountain and sunset and sunrise views from the wrap-around covered porch. Office/Studio is approx 160 sq ft with underground electric and data lines, is insulated and has a Mitsubishi split system. Take time to admire the stars-an unforgettable experience that will stay with you forever. Nestled near BLM land, this property offers endless opportunities for ATV and horseback riding adventures right out your backdoor. Experience the perfect blend of comfort, beauty, and outdoor living in this exceptional property. This home’s great location makes it convenient to explore all the attractions in the area, located in a pocket of homes near Pioneertown and the Joshua Tree National Monument. Call today for your private showing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017