58179 Arcadia
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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 26, 2024 | Sold | ||
| Sold | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Engel & Volkers Beverly Hills | $499,995 | |
| Listed by Engel & Volkers Beverly Hills | |||
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This beautifully remodeled 3-bedroom, 2-bath desert escape offers outstanding value, positioned perfectly for those seeking a peaceful getaway or a smart investment. Just minutes from Joshua Tree National Park and Pioneertown, this home is nestled on an expansive 18,000 sq. ft. lot with modern updates throughout, including a private pool and spa that make it the ultimate desert retreat. The home underwent a complete renovation in 2022, with thoughtful designer elements that blend modern functionality with desert charm. Highlights include polished concrete floors, stainless steel appliances, quartz countertops, and a stunning waterfall center island in the kitchen, perfect for entertaining. Newer doors, windows, and LED lighting ensure energy efficiency, while porcelain tile showers in both bathrooms add a touch of luxury. Inside, the open-concept living space is filled with natural light, offering modern finishes and clean lines that seamlessly connect the indoor and outdoor environments. The converted 520 sq. ft. garage has been transformed into an air-conditioned bonus room, offering endless possibilities as a music studio, creative space, or entertainment area for hosting guests or working remotely. Located just about 35 minutes from Palm Springs, this home enjoys a cooler, more comfortable climate due to its higher elevation while still providing convenient access to the luxury amenities, events, and shopping in Palm Springs. It's the perfect balance of desert living and city convenience, making it attractive to buyers from major cities like Los Angeles, San Francisco, San Diego, and overseas. For adventure seekers, Black Rock Canyon and Joshua Tree National Park offer hiking, rock climbing, and breathtaking stargazing experiences. After a day of outdoor fun, enjoy live music and a meal at Pappy & Harriet's in Pioneertown, or visit The Copper Room for a drink and fine dining. Yucca Valley is also home to a thriving local dining scene with spots like La Copine, Red Dog Saloon, and Tiny Pony Tavern. Start your day with a coffee at Frontier Cafe or Crossroads Cafe in nearby Joshua Tree, and explore the unique vintage stores, antique shops, and eclectic boutiques that make the area a haven for creative spirits. For those seeking wellness and peace, nearby spiritual destinations like the Integratron and Joshua Tree Retreat Center offer sound baths, meditation, and holistic retreats. Artists, musicians, and outdoor enthusiasts are drawn to the energy of this community for its balance of nature, creativity, and inspiration. With its modern amenities, expansive lot, and proximity to some of the desert's most sought-after attractions, this property is ideal for those looking for a second home or a full-time residence. The flexibility, serenity, and amenities make it a rare gem in Yucca Valley. In-person showings are limited due to the success of the short-term rental. Video tours are available. As always, Buyers are advised to conduct all necessary due diligence and verify all details, including square footage, lot size, and any permits, to their satisfaction prior to purchase.
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| Dec 13, 2022 | Sold | ||
| Sold | |||
| Oct 21, 2022 | Listed by Fathom Realty Group Inc. | $499,000 | |
| Listed by Fathom Realty Group Inc. | |||
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(Seller financing available) Shangri-La awaits you in nearby Yucca Valley. Pack your bags and bask in your new turnkey home with in-ground pool and spa. By far the most refined luxury home available in the east central district, you are mere minutes away from Yucca Valley's shopping hub, a short distance to Joshua Tree National Park and an easy jaunt to all the Coachella Valley has to offer. Keep it all to yourself or acquire it as a fully operational Airbnb.Just completed remodel includes all new doors and windows, LED lighting, urban finishes, designer appointments, porcelain tile showers, modern faucets, and polished concrete floors. The kitchen features stainless steel appliances and quartz countertops including a waterfall center island. Entertain your friends in the insulated air-conditioned garage/game room or enjoy outdoor living around the firepit or numerous lounging vignettes. Airbnb link: https://abnb.me/PpGRvyCooub
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017