61861 Dennis Avenue
About This Property
Within minutes from Joshua Tree Village, Joshua Tree National Park and schools, the well maintained California ranch house allows spacious privacy and easy access. The small office space with slider to patio is currently used as a third bedroom.
Two full-size shipping containers (Conex boxes) and a storage shed come with the property. The septic is less than two years old, and there is also a full house water filtration system. All the outdoor and indoor kitchen appliances come with the house, and almost all the outdoor furniture stays. One look and you'll fall in love!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 12, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | Listed by Joshua Tree Modern | $398,500 | |
| Listed by Joshua Tree Modern | |||
| Jan 5, 2023 | No longer available | - | |
| No longer available | |||
| Nov 1, 2022 | Price Decreased |
$599,000
↓ $51K
(7.9%) | |
| Price Decreased | |||
| Oct 3, 2022 | Listed by Madelaine LaVoie | $649,999 | |
| Listed by Madelaine LaVoie | |||
| | |||
|
A masterpiece in the desert! This turnkey property has been transformed from something ordinary to something extraordinary. Your desert oasis comes completely furnished and ready to move into making it perfect for your home, second home, or investment property. The features on the 2 bedroom, 2 bath, with separate office, laundry room and double car garage include: custom tile flooring, Thomasville kitchen cabinets with granite countertops, updated appliances throughout including newer hot water heater, all new interior paint and light fixtures, pellet stove to take the chill off winter nights, an evaporative cooler as well as central air and heat, a guest room like no other airbrushed by a local artist to provide you a private escape, office area could easily be turned into a bunk room, newer exterior paint, a fully fenced yard 1.25 acres, fence has 3 large access gates - one with a solar powered automatic gate opener, whole house water filtration system-owned, and a beautiful pond with waterfall on the back deck. The leased solar system will cover ALL electric costs and provide cash back at the end of each year. Front and back patios have new patio covers to provide shade with misters to keep you cool. The back patio provides an outdoor living room, dining area and outdoor kitchen complete with a sink, refrigerator, large gas BBQ grill and separate pellet smoker ready for family and friends to enjoy meals while relaxing with the views of the Bartlett Mountains and starry nights. The home is conveniently located close to Joshua Tree National park as well as local restaurants, shopping, and activities within Joshua Tree. This is a special home for anyone looking to get away from it all but not too far all while enjoying high desert living! The manager has listed the unit size as 1611 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017