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69053 Rainier 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 |
|---|---|---|---|
| Sep 24, 2026 | Listed by Cherie Miller & Associates | $675,000 | |
| Listed by Cherie Miller & Associates | |||
| Apr 18, 2024 | No longer available | - | |
| No longer available | |||
| Oct 20, 2023 | No longer available | - | |
| No longer available | |||
| Oct 16, 2023 | Listed by Equity Union Real Estate | $899,000 | |
| Listed by Equity Union Real Estate | |||
| | |||
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Introducing a unique 7.5 acre estate with captivating blend of versatility and charm. Nestled in nature's embrace, this property boasts multiple buildings, including a spacious 2017 sq ft home and separate 480 sq ft cabin and surrounded by mountain and valley views.
Main home includes outdoor living with pool and above ground spa, BBQ and covered patio to enjoy the outdoors and amazing outlook. The cabin is on the property with its own living space and private patio with fireplace. Another building has been placed to include relaxing space, pool table and a bar set up for entertaining. Private gym, offices, 3 RV garages, solar and more. Includes two parcels in this purchase. Furnished , all you need is your personal belongings. Located within a 10- 15 minute drive to Joshua Tree National Park, here the possibilities are endless from creating your dream homestead to starting a serene retreat. RV building 40x50 and there are two additional buildings. Property has been appraised and includes two APN/parcels . Main portion $920,000 and the cabin $250,000. One parcel has the main home and other is within the fencing that surrounds the property. Property being sold with both parcels furnished. Seize the opportunity to own a piece of this paradise! STR ok. The manager has listed the unit size as 2497 square feet.
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| Jul 15, 2023 | Price Decreased |
$995,000
↓ $125K
(11.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017