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61375 Leslie Lane
About This Property
As you enter the home, you'll be greeted by an inviting open floor plan that seamlessly flows from indoor to outdoor spaces, making it perfect for entertaining Family and Friends. The large windows allow natural light to flood the living areas while showcasing the breathtaking views from every angle. The attached garage has been converted into a versatile living space, providing additional room for guests, a home office, or a recreational area tailored to your needs leaving room for storage as well.
Step outside to discover ample outdoor space, ideal for hosting gatherings or simply enjoying the serene desert sunsets. With easy access to Joshua Tree National Park and the Johnson Valley off-road area just a short drive away, this property is a haven for outdoor enthusiasts and adventure seekers alike. Don't miss this unique opportunity to own a piece of Desert Paradise!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 7, 2026 | Price Decreased |
$439,999
↓ $30K
(6.4%) | |
| Price Decreased | |||
| Apr 26, 2026 | Listed by LPT Realty, Inc | $469,999 | |
| Listed by LPT Realty, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017