7016 Mount Lassen Avenue
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 |
|---|---|---|---|
| Apr 28, 2023 | No longer available | - | |
| No longer available | |||
| Mar 15, 2023 | In contract | - | |
| In contract | |||
| Mar 1, 2023 | Listed by Madelaine LaVoie | $395,000 | |
| Listed by Madelaine LaVoie | |||
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This lovely home is situated on an expansive property of over an acre of desert land and boasts breathtaking views of the National Park, mountains, and valley. The house is impeccably maintained and feels brand new, thanks to its dual pane windows, central heating and air, separate laundry room, and all appliances. With extra insulation and solar tube skylights in the kitchen and bathrooms, this home is energy efficient and filled with natural light. Located in the coveted Panorama Heights neighborhood, you'll have easy access to shopping, dining, and some of Southern California's best hiking trails. Nearby are the Beverly Doolittle Estate, Downtown Joshua Tree, and the Joshua Tree National Park boundary. The manager has listed the unit size as 1482 square feet.
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| Sep 30, 2020 | Sold | ||
| Sold | |||
| Jun 1, 2020 | Listed by Joshua Tree Modern | $279,900 | |
| Listed by Joshua Tree Modern | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017