6981 Alturas Dr.
About This Property
Encompassing a generous expanse, this land provides ample space for a variety of possibilities. Whether you dream of building a custom home, establishing a retreat, or simply investing in a piece of the desert's tranquility, this property offers endless potential. The landscape is characterized by its natural desert flora, and offers unobstructed views of the surrounding mountains and vast desert sky.
Situated in a prime location, this property is just a short drive from the entrance to Joshua Tree National Park, offering easy access to outdoor adventures such as hiking, rock climbing, and stargazing. The nearby town of Joshua Tree provides a vibrant arts scene, eclectic shops, and charming dining options, ensuring you have all the essentials within reach.
Whether you're seeking a peaceful escape or a strategic investment, 6981 Alturas Dr presents a rare opportunity to own a piece of the desert's allure. Embrace the tranquility, embrace the possibilities, and make this extraordinary land your own. Don't miss the chance to be part of the Joshua Tree experience.
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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 |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | Listed by Compass | $175,000 | |
| Listed by Compass | |||
| Mar 15, 2024 | No longer available | - | |
| No longer available | |||
| Jan 24, 2024 | No longer available | - | |
| No longer available | |||
| Jan 22, 2024 | Listed by eXp Realty Of Southern California Inc | $195,000 | |
| Listed by eXp Realty Of Southern California Inc | |||
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This remarkable 1.38-acre vacant lot offers everything you need to turn your vision into reality.
Imagine waking up to panoramic mountain views right in your backyard. The natural beauty of Joshua Tree's rugged terrain will be your daily backdrop, providing serenity and inspiration.
Say goodbye to uncertainty! The seller has already approved renderings for your dream home, making the planning process seamless and hassle-free. Your vision is closer to becoming a reality than you think.
You're ahead of the game with water utility already paid for and connected. No need to navigate the complexities of setting up utilities - it's all taken care of, saving you time and effort.
Only 7 minutes away from the iconic Joshua Tree National Park, your new address offers endless adventure. Hiking, stargazing, and rock climbing are at your doorstep. Explore the wonder of the desert whenever you desire.
Easy access matters, and this lot boasts paved road access. Whether you're arriving for a weekend getaway or settling in for the long term, you'll appreciate the convenience and year-round accessibility.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017