64033 Desert Trail 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 |
|---|---|---|---|
| May 10, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by Sharon Rose Realty, Inc. | $449,000 | |
| Listed by Sharon Rose Realty, Inc. | |||
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Secluded house on 2.5 acres in one hot zip code + includes an additional legal parcel to build on. Property has its own Private Well for water. Joshua Tree has become an escape haven for celebrities, artists, and musicians. Views of Mt. San Gorgonio, Bunker Mtn, Copper Mtn and the boulder studded Little San Bernardino Mtns. Property has two legal 1.25 acre lots for a total of 2.5 acres. New kitchen flooring, refrigerator, stove, counters and cabinets. Open living room with new floors. New mini-splits AC/heating. Spacious bedroom with new floors, curtains, and desert views. Bathroom with new shower, toilet, counters, floor, and sink. Shaded patio for entertaining guests. Privacy fence. Hot tub spa. Oversized parking for your RVs and Airstreams. Only 9 miles to the Joshua Tree National Monument. in 2021 over 3 million tourists visited the park. Very strong vacation rental area. Short trip to all amenities in the trendy JT Village. Enjoy organic restaurants, cafes, the farmers market, and the JT Salon. See world famous bands at the area top venue Pappy and Harriets in Pioneertown. Rev your engines for off-road adventures in Johnson Valley ORV area. Plenty of room for all your toys. Horse property provides great opportunities for animal lovers. Buyers to verify all information with County of San Bernardino and well water companies directly. 37 miles to Palm Springs. 71 miles to Big Bear. 131 miles to Los Angeles. Don't Wait - Call Now :)
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| Oct 7, 2019 | Sold | ||
| Sold | |||
| Aug 10, 2019 | Listed by Cherie Miller & Assoc. | $135,000 | |
| Listed by Cherie Miller & Assoc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017