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61887 Grand View Circle
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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.
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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 |
|---|---|---|---|
| Aug 18, 2026 | Listed by Sharon Rose Realty, Inc. | $395,000 | |
| Listed by Sharon Rose Realty, Inc. | |||
| Dec 24, 2021 | No longer available | - | |
| No longer available | |||
| Sep 4, 2021 | In contract | - | |
| In contract | |||
| Aug 29, 2021 | Relisted | $349,900 | |
| Relisted | |||
| Aug 10, 2021 | Listed by Cherie Miller & Assoc. | $349,900 | |
| Listed by Cherie Miller & Assoc. | |||
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Located in one of the most desirable areas of the Hi-Desert! Minutes from the Famous Joshua Tree National Park and walking distance to popular shopping and dining enters the Joshua Tree retreat you've been waiting for. Located in the village and nestled on a huge 1/3 of an acre this 1950's masonry home brings a character and charm to the table that will catch the eye of the modern visitor. Walking through the front door you'll notice the hip concrete flooring flowing throughout this original home. The living area features high ceilings that mirror those of a quiant desert cathedral and features built in shelving and accent window. The updated kitchen comes fully equipped with microwave, oven, refrigerator, and newer cabinets! Each bedroom is good sized with their own AC units. The bathroom continues the original masory nostalgia with original 50's brick shower and sink mirroring the era. The indoor laundry room is large and could be utilized as extra storage space! Stepping into the back lot you get a taste of what a backyard size should be with tons of space for a pool, spa, or even a guesthouse! On those hot desert days enjoy a nice outdoor shower in the rustic shower casa and sit out on the porch catching a fabulous desert breeze in the evenings while taking in the sunset. Additional features include wood privacy fencing, anddual pane windows! Call today to schedule your private tour before this one is gone! The manager has listed the unit size as 750 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017