61746 Melton Trail
About This Property
The open layout flows easily into the dining and living areas, where large windows frame the surrounding landscape and bring in natural light. Two bedrooms, 2 baths, with overhead fans in both bedrooms and above the dining area add comfort, along with central AC and heating, an up-duct evaporative cooler, and a newer heat pump. Dual pane windows provide energy efficiency throughout. Newer stove and dishwasher in kitchen.
The primary suite includes natural wood closet doors and a remodeled bathroom with granite counters and a glass-enclosed shower. The guest bath has also been updated with granite countertops, continuing the cohesive finishes throughout the home.
Outside, mature desert landscaping, established trees, and fencing create a private setting. The covered patio offers space to relax, entertain, or simply take in the expansive sky and distant views. A storage shed adds functionality, and the property is serviced by propane.
Located just minutes from Joshua Tree National Park, the Joshua Tree Lake Campground, local hiking trails, and the vibrant art and music scene of downtown Joshua Tree, this home offers the opportunity to enjoy both quiet desert living and easy access to the area's outdoor recreation and community events. Almost half acre lot in quiet neighborhood.
A well-maintained view home in one of Joshua Tree's sought-after neighborhoods.
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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%.
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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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Mar 23, 2026 | Listed by Cherie Miller & Associates | $389,800 | |
| Listed by Cherie Miller & Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017