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7060 Saddleback Road
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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%.
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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 5, 2023 | Sold | ||
| Sold | |||
| May 4, 2023 | Listed by Q & A Realty | $585,000 | |
| Listed by Q & A Realty | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 17, 2021 | In contract | - | |
| In contract | |||
| Dec 29, 2020 | Listed | $349,000 | |
| Listed | |||
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SOUTH JOSHUA TREE ACREAGE / VIEW PROPERTY. Probate listing, sizable 3 bedroom, 2 bath home over 1500 square feet, on 1.25 acres. Commanding views from this elevated location, overlooking Joshua Tree village area, and not far from entrance to Joshua Tree National Park. Features high ceilings, fireplace, central HVAC, new dishwasher, fenced yard, large trees, 2-car garage--covered parking too--also, don't miss the separate workshop building, would make a nice art studio, etc. This area is one of the rare locations that has acreage with cable Internet, a real plus. The full package, not far from the entrance to Joshua tree National Park. Like any south Joshua Tree property, this one won't last. The manager has listed the unit size as 1540 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017