62999 E Broadway Street
About This Property
The zoning allows residential use, and RVs may be parked or stored on the property. Camping is permitted for limited periods without a permit, with longer use subject to county approval. The setting offers open space and privacy while remaining close to town services.
Local dining, shopping, and everyday amenities are available in Joshua Tree and nearby Yucca Valley. Outdoor recreation and scenic exploration are easily accessible at Joshua Tree National Park, located a short drive away.
Water is available via city service at the lot line. Electric utilities are overhead in the area. A septic system will likely be required. Access is legal via a dirt road.
Buyers are encouraged to visit the property in person to evaluate suitability.
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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 |
|---|---|---|---|
| Feb 17, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Jan 26, 2026 | Listed by Dombroski Realty | $34,900 | |
| Listed by Dombroski Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017