61454 Adobe Drive
About This Property
Inside, the home opens to a light-filled living space with polished concrete floors, white oak wood paneling, and a fireplace anchoring the room. Large openings connect the living area to the outdoors, creating an easy indoor-outdoor flow. Bedrooms are finished with lime wash walls and Venetian plaster, creating an organic, grounding atmosphere.
The kitchen is finished with modern cabinetry and contemporary fixtures, designed for everyday use and entertaining. The primary bathroom offers a spa-like experience with double showers and integrated wall jets. Outdoor areas provide space to gather, dine, and relax, including a Parilla BBQ, with room for future additions.
Conveniently located near town amenities and Joshua Tree National Park, Adobe offers a calm, well-considered desert retreat with space, privacy, and views.
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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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Dec 27, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2025 | Listed by Joshua Tree Modern | $475,000 | |
| Listed by Joshua Tree Modern | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017