Listed by: Karla Ruzicki, Joshua Tree Modern
$750,000
●
House -
Off Market
62322 Two Mile Road
Joshua Tree, CA 92252
3 Beds
2 Baths
1,919 Ft²
$3,776
Est. Monthly
About This Property
Experience serene desert living in this beautifully remodeled
mid-century home, offered partially furnished, with exceptional
short-term rental income potential. Just minutes from downtown
Joshua Tree and the National Park entrance, this 2.5-acre fully
fenced property boasts stunning 360-degree views of the National
Park ridgeline and twinkling town lights.
The updated home features an open-concept living space with energy-efficient windows that flood the interiors with natural light and frame breathtaking vistas. The private primary suite includes a walk-in closet and a luxurious en-suite bath with jade onyx porcelain, a soaking tub, and a walk-in shower. Sophisticated design details, like Venetian plaster, create a tranquil and stylish atmosphere.
Outdoor spaces are perfect for entertaining or relaxation, with a zen garden, an oversized flex room, three pergolas, a backyard dry bar, a jacuzzi for ultimate unwinding, and a geodome for stargazing. Fully irrigated landscaping with fruit trees and mature cacti completes this desert retreat.
Ideal as a primary home, second home, or income-generating short-term rental, this property combines versatility and charm. Request the inclusion/exclusion list for furnished items. Located off a paved road, this home offers the perfect Joshua Tree escape.
The updated home features an open-concept living space with energy-efficient windows that flood the interiors with natural light and frame breathtaking vistas. The private primary suite includes a walk-in closet and a luxurious en-suite bath with jade onyx porcelain, a soaking tub, and a walk-in shower. Sophisticated design details, like Venetian plaster, create a tranquil and stylish atmosphere.
Outdoor spaces are perfect for entertaining or relaxation, with a zen garden, an oversized flex room, three pergolas, a backyard dry bar, a jacuzzi for ultimate unwinding, and a geodome for stargazing. Fully irrigated landscaping with fruit trees and mature cacti completes this desert retreat.
Ideal as a primary home, second home, or income-generating short-term rental, this property combines versatility and charm. Request the inclusion/exclusion list for furnished items. Located off a paved road, this home offers the perfect Joshua Tree escape.
Unit Size
1,919 Ft²
Days on Market
164 days
Land Size
2.50 acres
Price per sqft
$401
Property Type
House
Property Taxes
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #JT24190846)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 4, 2025 | In contract | - | |
| In contract | |||
| Nov 28, 2024 | Price Decreased |
$769,000
↓ $6K
(0.8%) | |
| Price Decreased | |||
| Nov 5, 2024 | Price Decreased |
$775,000
↓ $8K
(1%) | |
| Price Decreased | |||
| Oct 23, 2024 | Price Decreased |
$783,000
↓ $15K
(1.9%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
With View
Fireplace
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About Joshua Tree
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Listed by: Karla Ruzicki, Joshua Tree Modern
Last Updated: 2 years ago
Data Source: CRMLS, MLS# JT24190846
Last Updated: 2 years ago
Data Source: CRMLS, MLS# JT24190846
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