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61755 Navajo Trail
About This Property
The home offers an open floor plan with central HVAC, generous living and dining areas, and large sliders opening to the backyard. The chef's kitchen features granite countertops, a large island, propane gas cooktop, dual ovens, stainless steel appliances, a walk-in pantry, and abundant storage.
The primary suite includes a walk-in closet and spacious bathroom with dual sinks, soaking tub, walk-in shower, and private water closet. Two additional bedrooms provide flexibility for guests, work, or family.
The backyard is the standout feature, with an oversized custom hand-fabricated metal pergola over concrete exterior flooring, creating a dramatic shaded outdoor living space. Steps lead to the upper yard with a jacuzzi, fire pit, and sweeping 360-degree mountain views. Designed for desert evenings, stargazing, and entertaining, this is the kind of outdoor space that makes Joshua Tree living so special.
Currently operating as an active short-term rental, this property offers flexibility as an investment, second home, or primary residence.
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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 |
|---|---|---|---|
| Oct 10, 2026 | Price Decreased |
$625,000
↓ $73K
(10.5%) | |
| Price Decreased | |||
| Aug 28, 2026 | Price Decreased |
$698,000
↓ $27K
(3.7%) | |
| Price Decreased | |||
| Jun 19, 2026 | Listed by Joshua Tree Modern | $725,000 | |
| Listed by Joshua Tree Modern | |||
| Mar 3, 2019 | No longer available | - | |
| No longer available | |||
| Aug 29, 2018 | Listed | $339,000 | |
| Listed | |||
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Enjoy high desert living in this impressive new home with mountain views and open living spaces. The kitchen will delight with River Bordeaux Arizona granite counters, custom glass back splashes, a large farmhouse sink, stainless steel appliances, a spacious island, and walk-in pantry. The master suite boasts a Martha Stewart walk-in closet, large bathroom with a double vanity, walk-in tile shower, and separate Kohler soaking tub. Surround yourself with additional amenities that include bamboo and tile floors throughout, ceiling fans and granite windowsills in each room, an oversized finished 2-car garage, and a large backyard enclosed by cedar fencing perfect for taking in the fresh desert air and mountain views. The manager has listed the unit size as 1555 square feet.
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About Joshua Tree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017