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60432 Latham Trail
About This Property
Enjoy the best of Joshua Tree living just a short drive away - from world-class hiking and stargazing in Joshua Tree National Park to local favorites like the Joshua Tree Farmers Market, seasonal art festivals, and live music in nearby Pioneertown at Pappy & Harriet's.
Whether you're envisioning a full-time residence, a weekend escape, or a future investment in one of the desert's most sought-after communities, this land offers the perfect backdrop for your next chapter.
Buyer to verify zoning, utilities, and all development requirements.
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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 25, 2026 | Listed by Cherie Miller & Associates | $42,000 | |
| Listed by Cherie Miller & Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017