61886 Oleander Drive
About This Property
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 3, 2021 | In contract | - | |
| In contract | |||
| Feb 26, 2021 | No longer available | - | |
| No longer available | |||
| Feb 8, 2021 | Listed | $299,000 | |
| Listed | |||
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Don’t miss out on this stylish and newly RENOVATED 3 BEDROOM, 1 BATH home in a highly desired area of Joshua Tree. This home features NEW PORCELAIN TILE flooring throughout, fresh paint, a completely UPDATED KITCHEN with NEW APPLIANCES, NEW CABINETS, & QUARTZ COUNTERTOPS. The bathroom is also Updated. The entire home has DUAL pane windows, a NEW ROOF, NEW WATER HEATER, NEW CEILING FANS and NEW HVAC system. Enjoy stargazing from your spacious and low maintenance backyard. The new CEDAR fencing in the front and backyard add privacy and curb appeal. This home is in a great location! It’s a quick and easy walk to Downtown Joshua Tree and only a 10 minute drive to the west entrance of Joshua Tree National Park. This property is currently being used as a successful AIRBNB rental. See supplements for more information. Furniture is negotiable. The manager has listed the unit size as 1040 square feet.
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| Apr 10, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017