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6875 Mount Shasta Avenue
About This Property
Inside, the home is 1,107 square feet with a comfortable, functional layout that opens easily to the outdoors. The living, dining, and kitchen spaces connect seamlessly, with clean finishes and an easy flow that works well for everyday living or hosting friends. Large windows bring the desert light inside and keep the boulder views front and center. Bedrooms are thoughtfully placed, offering flexibility for guests, creative space, or a home office.
Outside is where this property truly shines. Multiple areas invite you to sit among the rocks, whether it's around the fire pit, in the hot tub, on the covered patio, or tucked into a natural stone alcove. The scale of the lot allows room to wander, explore, and shape the land over time-without losing the raw beauty that makes Panorama Heights so special. RV drive in gates, RV hookups and dump, covered boat parking, and a workshop that can be easily converted to a casita.
Located just minutes from Joshua Tree National Park, local restaurants, galleries, and music events, this home offers a balance of privacy and access. A rare boulder property with presence, personality, and a setting that simply can't be replicated.
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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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Relisted | $469,900 | |
| Relisted | |||
| Feb 24, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Listed by Cherie Miller & Associates | $469,900 | |
| Listed by Cherie Miller & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017