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60369 Adobe Drive
About This Property
The true magic of this spacious half acre property is the expansive backyard, meticulously designed to frame panoramic views of mountains, mature Joshua Trees, and native desert flora. The secure fencing closest to the house offers total peace of mind, ensuring pets and children can play safely without wandering.
This home can be sold fully furnished and includes a hot tub, sauna and saltwater filtered cowboy pool.
The price and location make this property an ideal candidate for standard FHA loans, USDA No Money Down, or other California first-time home buyer down payment assistance programs (CalHFA MyHome, etc.),
Why rent when you can own a private desert resort? Schedule your tour today-at this price, this opportunity won't last long.
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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 |
|---|---|---|---|
| Sep 12, 2026 | Listed by Cherie Miller & Associates | $349,000 | |
| Listed by Cherie Miller & Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017