68390 Siesta Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 3, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | Listed by Sharon Rose Realty, Inc. | $899,000 | |
| Listed by Sharon Rose Realty, Inc. | |||
| | |||
|
Top 10 View Home! Inspiring butterfly architectural modern construction, perched on 8+ acres of unsurpassable panoramic hillside enchantment and directly adjacent to thousands of acres of open space government land for hiking and exploring. This permitted STR is eligible for a new permit. The design evokes a serene spirituality against the backdrop of Copper Mtn. One of the most stunning views in Joshua Tree. 2,385 sf, 4 beds & 3 baths including ADU, and attached guest house. Spacious living room with high vaulted ceilings, walls of glass, recessed lighting, laminate floors AC-mini splits, fireplace. Open concept kitchen with pendant lighting, island stove & breakfast bar. New stainless steel appliances, refrigerator, oven, cook top, microwave plus expansive dining area ready to entertain may guests. Master bedroom features a walk in, custom made shower with sitting bench & insets adorned with marble & tile & glass. Glass slider leads to the scenic hilltop patio with desert landscaping of rock, pebble stone, boulders, concrete slab, cactus, round pool, & several lounge areas. Skyline vistas of the Bullion Mtns, the Little San Bernardino Mtns, & the Sheephole Mtns which often glow red during golden hour. Additional patio space with large partially enclosed & covered dining & bbq area. Your guests will feel like they are experiencing a desert dream. Attached 1 bedroom casita. Detached ADU with kitchen, dining area, large windows, private patio & 2nd set of washer/dryer.
| |||
| Dec 13, 2023 | No longer available | - | |
| No longer available | |||
| Nov 8, 2023 | Price Decreased |
$875,000
↓ $75K
(7.9%) | |
| Price Decreased | |||
| Oct 6, 2023 | Listed by KELLER WILLIAMS BEVERLY HILLS REALTY | $950,000 | |
| Listed by KELLER WILLIAMS BEVERLY HILLS REALTY | |||
| | |||
|
Experience the pinnacle of desert living in this breathtaking new construction home with a detached guest house, nestled atop a sprawling 8.25 acre lot that borders 6000 acres of pristine BLM land. With its serene landscapes and awe-inspiring desert and mountain views, this remarkable home offers an oasis of tranquility that cannot be matched. Step inside and be greeted by an open layout that beckons you to unwind and find solace. The expansive living area seamlessly blends into a meticulously designed kitchen, boasting stainless steel appliances and a grand island that is perfect for entertaining. Natural light floods the space through generous windows and sliding doors, creating a warm and inviting ambiance. This exquisite property features three spacious bedrooms, two bathrooms, a cozy fireplace, high ceilings with ceiling fans, laundry, and luxurious amenities. The main house is thoughtfully designed with an attached casita w private bath. Step outside onto the covered patio and indulge in alfresco dining, BBQs, and relaxation, all while reveling in the breathtaking views. For those seeking respite from the desert heat, a custom-built, luxurious in-ground round pool awaits, providing a refreshing oasis. Furthermore, a detached guest house with its own custom-built round pool offers the perfect space with high ceilings, kitchen, bedroom, and laundry. Great for visitors or additional living quarters. The lower 5 acres are graded. There is also a brand new well. Great for equestrian facility, mountain top oasis, or subdivide. On the border of 29 palms and JT, situated a mere 15 minutes away from Joshua Tree shops restaurants, Indian Cove, and the entrance to Joshua Tree National Park. Bring all your toys and make the most of this exceptional opportunity to embrace the unmatched allure of desert living. Don't let this chance slip away. Adjoining 10 acres can be purchased from neighboring owner. The manager has listed the unit size as 2380 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017