64876 Sun Mesa Road
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 |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Listed by Sharon Rose Realty, Inc. | $89,000 | |
| Listed by Sharon Rose Realty, Inc. | |||
| Dec 13, 2024 | Listed | $89,000 | |
| Listed | |||
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PAID WATER METER plus completed percolation report ready to build! 3.25 acres in world famous Joshua Tree. Property is on a paved corner lot. There appears to be no Joshua Trees making this vacant lot very turn-key for development. Zoned residential but the pavement presents opportunities for a conditional use permit for commercial uses. The 92252 zip code is quickly becoming a luxury enclave. More celebrities, musicians and artists are now calling JT home than ever before. Vistas of the snowy peaks on Mt. San Gorgonio in Big Bear. Views of Mt. Bartlett, Bunker Mtn, Mt. Nebo, and the vast Copper Mtns. Horse property. Starry nights. Flat and usable. Ideal for a designer compound. The Sunfair neighborhood is known for the vast Joshua Tree Lake Bed where you can enjoy off-road adventures and explore the deep canyons. 12 miles to the Joshua Tree National Monument which sees about 3 million tourists annually. Hot vacation rental area. Not far from the trendy JT Village with organic restaurants, cafes, the farmers market, and JT Saloon. Copper Mtn College is 5 miles. 40 miles to Palm Springs. 133 miles to Los Angeles. Buyers must contact the county of San Bernardino planning department with all questions on building and uses. Buyers must contact the utilities agencies and verify of utilities. Address has been assigned. APN: 0606-032-09-0000 Some photos were not taken directly from property but close by.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017