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62407 Crestview Drive
About This Property
Perfectly positioned near the vibrant heart of Joshua Tree, you'll be close to local cafes, art galleries, live music, and community events such as the Joshua Tree Music Festival and the weekly Farmers Market. With Joshua Tree National Park just a short drive away, this property combines convenience with the best of the Hi-Desert lifestyle.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Listed by Cherie Miller & Associates | $38,000 | |
| Listed by Cherie Miller & Associates | |||
| Apr 15, 2019 | Sold | ||
| Sold | |||
| Aug 23, 2018 | Listed by Osgood Realty, INC | $15,000 | |
| Listed by Osgood Realty, INC | |||
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One of five great buildable lots at the end of Crestview on the South side with beautiful, unobstructed National Park views from the back yard. Very desirable location in an area of all newer homes in excellent condition. Essentially a cul-de-sac since the pavement ends after these five lots. Perfect spot to build the house of your dreams or for a builder spec home. Currently priced at 15,000 each, the owner is willing to make a deal on all five in one sale. Joshua Tree is the place and this is a perfect location, close to Joshua Tree Village, JT Elementary School and Joshua Tree National Park. Great views and a nice, quiet neighborhood. Come see all this affordable desert has to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017