$429,000
●
House -
Off Market
65123 Cobalt Road
Joshua Tree, CA 92252
1 Bed
1 Bath
700 Ft²
$578,569
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
WELCOME TO JOSHUA CREEK-=MASSIVE 25 Acres WITH WELL!(PRIVATE POOL
AND SPA)ONE OF A KIND!JOSHUA TREE'S PRIME LOCATION. Located minutes
from Joshua Tree National Park. Eucalyptus tree 25 ft.tall.( 2.5
acres fenced) IT also has 40-foot storage,[plus 1972 vintage silver
streak AIRSTREAM Ready for your own desires! Private separate
entrance on property private fencing!! (3 outdoor patios) The well
has exceptional capabilities. Investors, this is the property
you've been waiting for! The cabin has an open floorplan that
features a stunning design with high ceilings and great use of the
space. Full kitchen, cute bathroom, beautiful beams, custom
flooring of artist design. Beautiful dream home on 25 acres
and stay in your own retreat while building...What a price for 25
acres! SEE VIRTUAL TOUR ABOVE! Highest & best use is either for
Buyer to use in the present condition as a personal vacation cabin
(not an Airbnb) or buyer to pull permits again and bring the
property up to present-day code.
A perfect place for your own castle, agriculture, and other opportunities! Live off the Grid! 360-degree views... Items of a personal nature.!In one of Joshua Tree's most desired locations.Just a few miles to downtown Joshua Tree or the west entrance to Joshua Tree National Park.Seller/Broker/Agent, Incredible views from every direction, and positioned for the best sunrises and sunsets in all seasons! Cash buyers only. CAN YOU SEE YOUR VISAGE FOR THIS PROPERTY!
A perfect place for your own castle, agriculture, and other opportunities! Live off the Grid! 360-degree views... Items of a personal nature.!In one of Joshua Tree's most desired locations.Just a few miles to downtown Joshua Tree or the west entrance to Joshua Tree National Park.Seller/Broker/Agent, Incredible views from every direction, and positioned for the best sunrises and sunsets in all seasons! Cash buyers only. CAN YOU SEE YOUR VISAGE FOR THIS PROPERTY!
Unit Size
700 Ft²
Days on Market
47 days
Land Size
25.00 acres
Price per sqft
$611
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1983
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #JT20148356)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2020 | Sold | ||
| Sold | |||
| Jul 26, 2020 | Listed by Power Real Estate | $428,000 | |
| Listed by Power Real Estate | |||
| Jul 17, 2020 | No longer available | - | |
| No longer available | |||
| May 18, 2020 | Price Decreased |
$449,000
↓ $49K
(9.8%) | |
| Price Decreased | |||
| May 4, 2020 | Price Decreased |
$498,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About San Bernardino
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Listed by: Lynda Adams, Power Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# JT20148356
Last Updated: 4 months ago
Data Source: CRMLS, MLS# JT20148356
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