6859 Pine Springs Avenue
About This Property
Just minutes from Joshua Tree National Park's Indian Cove entrance, this location offers easy access to world-class rock climbing, hiking, and stargazing. Enjoy the thriving local arts scene, visit the 29 Palms Art Gallery, or take part in community favorites like the Joshua Tree Music Festival and the weekly Farmers Market. Whether you're looking to build your dream desert retreat or an investment property, this lot offers the ideal backdrop for desert living.
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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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by Cherie Miller & Associates | $25,000 | |
| Listed by Cherie Miller & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017