6127 Panorama Street
About This Property
This manufactured home is perfectly located 6 minutes to Joshua Tree National Park, 40 minutes to the famous Palm Springs & 10 minutes to nearby shopping centers & restaurants!
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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 |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 30, 2024 | Listed by Cherie Miller & Associates | $250,000 | |
| Listed by Cherie Miller & Associates | |||
| | |||
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Located in the charming Old Town West area of Joshua Tree! This delightful residence, featuring 3 bedrooms and 2 baths, is a haven of comfort and convenience. Nestled in a great neighborhood, this house is not just a home; it's a gateway to a vibrant and welcoming community.
Imagine the joy of being just a stone's throw away from the renowned Joshua Tree Village and the breathtaking Joshua Tree National Park. Your new home is strategically located to provide easy access to both the pulse of the town and the tranquility of nature, offering a perfect balance for your lifestyle.
This residence is not just about location – it's about the warmth and comfort it provides. With a spacious carport to welcome you, you'll find the perfect blend of functionality and style. Inside, discover a cozy abode with three bedrooms, two baths, and the convenience of an in-house laundry. Public utilities are seamlessly connected, ensuring a hassle-free living experience.
One of the highlights of this property is the expansive fenced backyard – a haven for your furry friends to roam and play freely. Picture evenings spent under the stars or weekend barbecues in your own private outdoor retreat.
This is more than just a house; it's a great starter home for a growing family. It can also be a savvy investment as well - there is an STR permit in place (non-transferrable), so applying for your own will be a breeze! Embrace the opportunity to create lasting memories in a place where every detail has been designed with your comfort and happiness in mind. Welcome to your new home in the heart of Joshua Tree – where life unfolds in perfect harmony!
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| Jun 20, 2024 | No longer available | - | |
| No longer available | |||
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About Joshua Tree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017