61615 Capilla Drive
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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 |
|---|---|---|---|
| Feb 28, 2020 | Sold | ||
| Sold | |||
| Jan 18, 2020 | Listed by HK Lane Real Estate | $260,000 | |
| Listed by HK Lane Real Estate | |||
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Introducing Wonderland! Situated on the south side of Joshua Tree Village, just a short walk to popular dining and entertainment, including Crossroads Cafe and the Joshua Tree Saloon, and 5 miles to the park's entrance, sits this expertly updated home. Offered turnkey furnished, this modern oasis showcases polished concrete flooring throughout, a bright and open living space, updated kitchen with stainless appliances, gas range oven and recessed lighting. The beautifully updated bathroom features a waterfall shower and both bedrooms are spacious and bright with ample closets and ceiling fans. The large backyard is fully enclosed with a newer wood privacy fence and offers mountain views, quintessential Joshua Tree, and the perfect place to stargaze around the fire. Washer and dryer can be found in the garage. With a strong vacation rental history, this property makes the perfect investment or full-time home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017