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62580 Blair Lane
About This Property
Beautifully updated 3-bedroom, 2-bath home sitting on 2.5 private acres with stunning, wide-open views toward the Joshua Tree Desert. The open layout is filled with natural light and features fresh flooring, windows, and a cozy wood-burning fireplace that gives the home a warm desert feel.
The modern kitchen offers clean finishes and great flow for entertaining, while the spacious primary suite includes a large bathroom with a walk-in shower. Located just minutes from downtown, this property gives you privacy, space, and convenience all in one.
Perfect for family getaways, a second home, full-time living, or potential short-term rental use. Seller is looking for a quick close. Available by appointment only. Buyer to verify all rental use, permits, and property details.
***Buyer to conduct their own due diligence and inspections. One bathroom is still in need of completion, and Seller has agreed to complete the work prior to the close of escrow.***
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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 |
|---|---|---|---|
| Oct 8, 2026 | Sold | ||
| Sold | |||
| Oct 1, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Price Decreased |
$320,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Jul 28, 2026 | Price Decreased |
$330,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$340,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017