59191 Reche Road
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 |
|---|---|---|---|
| Mar 4, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | Listed by Sharon Rose Realty, Inc. | $45,000 | |
| Listed by Sharon Rose Realty, Inc. | |||
| Apr 20, 2024 | No longer available | - | |
| No longer available | |||
| Mar 7, 2024 | Listed by Sharon Rose Realty, Inc. | $51,000 | |
| Listed by Sharon Rose Realty, Inc. | |||
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Beautiful 4.75 acres in Landers with pavement, utility access, views, and a graded and gated driveway with fence. New construction next door! Concrete pad on the east portion of the property. Feel the inspiration of owning many mature Joshua Trees across your land. Enjoy the revitalizing energy of gazing upon Landers' signature mountain to the north. Bring an RV to your property for brief getaways and pull into your gates and pebble stone driveway to park under the stars. Property appears to be zoned rural residential RL5 which allow for owners rights for limited camping. Water, power, and communications cables appear to be in the street. Paved road offers opportunities for obtaining conditional use permits for commercial uses. County may allow for two homes and guest homes. Vistas of snow caps on Mt San Gorgonio. Amazing sunsets to the east as the Bullion Mtns often glow red in the last light of the day. New designer homes can be seen in the area. Close to vast open space areas for off-roading and camping. Short drive to Giant Rock, the Integratron, organic restaurants, cafes, and convenience stores. Only a 20 minute trip to more amenities in Yucca Valley. 25 minutes to the Joshua Tree National Monument where annually about 3 million tourists visit the park. Less than one hour to Palm Springs. 2 and 1/2 hours to Los Angeles. For all questions on utilities buyers must contact the utilities agencies. Address is an assigned address. APN: 0630-102-18-0000
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017