61535 Capilla Drive
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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%.
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 16, 2025 | Listed by Cherie Miller & Associates | $499,000 | |
| Listed by Cherie Miller & Associates | |||
| | |||
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Stylish Joshua Tree Pool Home with Modern Upgrades and Desert Charm!
Welcome to your desert oasis! This beautifully upgraded 3-bedroom, 2-bath pool home offers 1,351 square feet of comfortable living space and timeless mid-century character, all set on a spacious lot just minutes from Joshua Tree National Park and the vibrant Joshua Tree Village.
Originally built in 1965, this home blends classic design with thoughtful modern updates. You'll love the polished concrete floors throughout, and cozy nights by the fireplace featuring a charming wood-burning stove insert. The bright, open layout is filled with natural light thanks to new windows and sliding doors that bring the outdoors in.
Recent upgrades include a brand-new roof, fresh paint, energy-efficient mini split systems, updated baseboards, and a beautifully renovated primary bathroom shower. Step outside to enjoy fresh landscaping with irrigation, all-new fencing for privacy, and a sparkling pool—perfect for entertaining or relaxing under the desert sky. All while being surrounded by lush desert landscape truly adding to the quiet privacy of the space.
The home also features a 2-car garage and is conveniently located close to local dining, shopping, and endless outdoor adventures in Joshua Tree National Park.
Whether you're looking for a full-time residence, weekend retreat, or a stylish short-term rental, this move-in ready gem offers it all.
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| Oct 25, 2017 | Sold | ||
| Sold | |||
| Sep 22, 2017 | Listed by Deco Realty | $140,000 | |
| Listed by Deco Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017