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60205 Latham Trl
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 |
|---|---|---|---|
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Listed by Harcourts Prime Properties | $480,000 | |
| Listed by Harcourts Prime Properties | |||
| Oct 26, 2025 | Price Decreased |
$400,000
↓ $50K
(11.1%) | |
| Price Decreased | |||
| Oct 7, 2025 | Listed | $450,000 | |
| Listed | |||
| | |||
|
Welcome to 60205 Latham Trail, a stunning desert retreat nestled in the desirable Upper Friendly Hills neighborhood of Joshua Tree. Listed as a short sale pending short sale approval currently. This beautifully designed single-family residence offers the perfect blend of modern comfort and serene desert charm. Sitting on a spacious lot, this home boasts breathtaking mountain and sunset views, creating a peaceful escape from the everyday hustle. Inside, you'll find an inviting open-concept layout with high ceilings, abundant natural light, and stylish finishes throughout. The kitchen is equipped with modern appliances, sleek countertops, and ample storage, making it perfect for cooking and entertaining. The primary suite provides a tranquil oasis with a spa-like bathroom and direct outdoor access to enjoy the fresh desert air. Step outside to your private backyard retreat, where you can relax under the stars, soak in the sun, or entertain guests with the stunning desert landscape as your backdrop. Conveniently located just minutes from Joshua Tree National Park, local dining, and shopping, this home is ideal for a full-time residence, vacation getaway, or investment opportunity.
| |||
| May 5, 2025 | Price Decreased |
$575,000
↓ $23K
(3.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017