68275 Pole Line 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 |
|---|---|---|---|
| Mar 30, 2022 | No longer available | - | |
| No longer available | |||
| Feb 26, 2022 | In contract | - | |
| In contract | |||
| Feb 9, 2022 | Listed by Cherie Miller & Assoc. | $350,000 | |
| Listed by Cherie Miller & Assoc. | |||
| | |||
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ACCEPTING BACKUP OFFERS! Freshly updated newer home in Desert Heights with VIEWS on 5 fenced acres! Situated on a mesa with sweeping vistas of the Morongo Basin, Indian Cove, San Jacinto and San Gorgonio mountains. This 2 bedroom 1 bath home is sure to please with a recently remodeled kitchen featuring butcher block countertops and stainless steel appliances, a wood-burning fireplace in the living room, and great flow with an efficient and inviting layout. The attached garage has extra high ceilings for plenty of storage space for your tools and toys. Large dirt berms in the backyard which formerly served as a barrier for greenhouses could provide the insulation you need for agriculture, or do something creative and turn it into your own private sculpture garden. Pole Line has easy access to paved Lear Road so you can be in town at shops and restaurants, or at the park entrance for Joshua Tree National Park in minutes. The beauty of this neighborhood is you are halfway between the two most popular entrances to the National Park, so take your pick. Built in 2006, this property would make a great short term rental, investment, second home, or full time residence. Call your agent today and schedule a showing before it's gone! The manager has listed the unit size as 924 square feet.
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| Nov 2, 2018 | Sold | ||
| Sold | |||
| Aug 6, 2018 | Listed by Cherie Miller & Assoc. | $165,000 | |
| Listed by Cherie Miller & Assoc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017