62695 Sunny Sands 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 |
|---|---|---|---|
| Mar 2, 2021 | Sold | ||
| Sold | |||
| Jan 5, 2021 | Listed by HomeSmart | $399,900 | |
| Listed by HomeSmart | |||
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Successful Airbnb furnished and ready to be yours on a 5 ACRE LOT in Joshua Tree! Just moments from the hub of Joshua Tree and approximately 10 miles away from JTNP! Perfect location to be ''off the grid'' without being off the grid. This 2 bedroom, 1 bathroom property has just what you need to be your perfect getaway from city life, and also be your income producing rental investment. Freshly painted on the inside and out, with new kitchen updates. Electric and water utilities on the property contribute to the best set up for minimalistic lifestyle. Bring your desert toys, RV, etc. plenty of parking on this lot. So much to bring your imagination and vision to life. Subdivide and build and/or put another structure on this lot; the ideas are far and wide! Furnishings can come at right price outside of escrow. Don't miss this opportunity!
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| Nov 9, 2018 | Sold | ||
| Sold | |||
| Sep 21, 2018 | Listed by Joshua Tree Modern | $209,000 | |
| Listed by Joshua Tree Modern | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017