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61481 Latham Trail
About This Property
Set on just over an acre of natural desert landscape, this 3-bedroom, 2-bath home with a versatile bonus room offers the space, views, and indoor-outdoor lifestyle that make Joshua Tree living so special. North-facing and filled with natural light, the home features an inviting open-concept layout centered around a fireplace, creating a warm gathering space while maintaining an easy flow throughout.
The kitchen is designed for both everyday living and entertaining, with granite countertops, stainless steel appliances, a pantry, and a charming breakfast nook framed by windows overlooking the desert. Laminate and tile flooring throughout provide a clean, low-maintenance finish.
The spacious primary suite includes a dual-sink vanity, soaking tub, and tiled walk-in shower enclosure, while the guest bathroom also features dual sink vanitys. The bonus room adds valuable flexibility for a home office, creative studio, fitness space, media room, or additional gathering area. A three-car garage provides generous room for vehicles, desert toys, storage, or workspace.
Outside is where this property truly creates its own experience. The natural landscape is thoughtfully complemented by a cowboy tub with filtration and pump equipment, a custom Temescal-style sweat lodge, and a large covered travertine platform offering a beautiful setting for meditation, yoga, outdoor dining, entertaining, or simply taking in the quiet of the desert.
With views toward Joshua Tree National Park, more than an acre to enjoy, and outdoor spaces created for both gathering and retreat, this is more than a desert home, it's a place to slow down, spread out, and experience Joshua Tree from your own private setting.
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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 26, 2026 | Listed by Joshua Tree Realty | $825,000 | |
| Listed by Joshua Tree Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017