69924 Pole Line Road
About This Property
The home boasts fresh interior paint and premium baseboards throughout, enhancing its modern appeal. The open floor plan features a spacious living area and a kitchen with included appliances, ideal for both daily living and entertaining. The primary bedroom includes its own walk-in closet, providing ample storage space. Enjoy the convenience of a dedicated laundry room and FULL RV HOOKUPS, catering to your practical needs. The dual hallway storage rooms provide additional organization options.
The detached carport serves as a great project space for anyone looking to expand or build. The expansive outdoor area includes ample storage space and stunning desert views, perfect for outdoor activities and relaxation. Additionally, the property features panoramic mountain views and is located off a paved road for easy access. It's also close to the military base and Joshua Tree National Park, offering both convenience and adventure.
This home offers a unique blend of comfort and functionality, making it an excellent choice for first-time home buyers looking to establish their roots in a peaceful, natural setting. Don't miss out on this unique opportunity to own a piece of desert paradise!
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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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | Listed by C & S Real Estate, Inc. | $259,999 | |
| Listed by C & S Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017