59621 Mesa Drive
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 26, 2025 | Sold | ||
| Sold | |||
| Jan 2, 2025 | Listed by Desert Sotheby's International Realty | $844,999 | |
| Listed by Desert Sotheby's International Realty | |||
| Jan 19, 2024 | No longer available | - | |
| No longer available | |||
| Nov 18, 2023 | In contract | - | |
| In contract | |||
| Jul 27, 2023 | Listed by BULLOCK RUSSELL real estate services | $85,000 | |
| Listed by BULLOCK RUSSELL real estate services | |||
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This is the opportunity you've been waiting for - your very own OASIS in Yucca Valley! This stunning 2.02 acre lot is a dream come true, offering not just a prime piece of desert real estate, but also a PAID WATER and Utility Poles close by to be able to connect electricity to a home, along with a SOILS REPORT, PERCOLATION TEST, SITE SURVEY and SITE PLAN. Imagine the time you'll save! Embrace the luxury, accessibility, and tranquility of this remarkable location, just a short drive from Joshua Tree National Park, Pioneertown, the Integratron and all the amenities you may need. Don't miss out on this incredible chance to invest wisely and build your dream home without the typical time-consuming setbacks.
BUYER(S) ARE RECOMMENDED TO DO THEIR OWN DUE DILIGENCE AND TO VERIFY ALL INFORMATION PROVIDED AND TO SATISY THEMSELVES REGARDING ALL ASPECTS OF BUILD-ABILITY,LAND USAGE, UTILITIES, ZONING etc.
APN:0600-044-04
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017