61527 El Cajon Drive
About This Property
Inside, concrete floors and wooden beamed ceilings set the tone for a chic desert retreat. The hip kitchen features quartz countertops, a dishwasher, and an open layout that flows seamlessly into the dining and family rooms, creating a space that's perfect for entertaining or relaxing. Zoned mini-splits keep the home comfortable year-round.
The home's photogenic design and thoughtful details make it a dream for capturing Instagram-worthy moments. Whether you're an aspiring host or looking for a cozy place to call home, this property fits the bill.
When you're not enjoying the home, explore the vibrant local scene. Stroll through Joshua Tree Village to discover eclectic shops, local art galleries, and unique dining experiences. Attend live music at Pappy & Harriet's or check out seasonal events like the Joshua Tree Music Festival and local farmers' markets.
This home reflects the care and creativity that make Joshua Tree such a special place to live or visit.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017