71988 Ed Dee Road
About This Property
Discover the serene beauty of the Desert with this enchanting 2-bedroom, 1-bathroom cabin, ideally situated on 5 expansive acres in the increasingly popular Wonder Valley area. This property offers a unique blend of solitude and accessibility, making it a perfect sanctuary or creative retreat.
Step into a larger-than-average cabin set against a backdrop of breathtaking desert landscapes. The interior of the home serves as a blank canvas, ready for you to bring your vision to life. With ample space, the home presents a fresh opportunity to customize and create a home that truly reflects your style and needs.
The location of this home is just as impressive as its potential. Positioned just one block north of a vast stretch of BLM protected land, you'll enjoy unspoiled privacy and uninterrupted access to miles of hiking trails right from your doorstep. The remote setting allows you to immerse yourself in the tranquil desert scenery, yet it remains conveniently close to local amenities when needed.
Sitting on a substantial 5-acre lot, the outdoor space is perfect for those who cherish the outdoors. Whether you're looking to cultivate a garden, explore sustainable living, or simply relish in the open space and starlit nights, this property offers it all.
This home is more than just a place to live; it's a lifestyle. Embrace the peace and quiet of desert living while enjoying the convenience of being located in one of the High Desert's most sought-after neighborhoods. Don't miss this opportunity to own your piece of desert paradise.
Explore the potential and experience the beauty of 71988 Ed Dee Rd-where your desert dreams await.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 14, 2024 | Price Decreased |
$89,900
↓ $10K
(10%) | |
| Price Decreased | |||
| Aug 11, 2024 | Price Decreased |
$99,900
↓ $10K
(9.2%) | |
| Price Decreased | |||
| Jun 7, 2024 | Listed by KELLER WILLIAMS EMPIRE ESTATES | $109,999 | |
| Listed by KELLER WILLIAMS EMPIRE ESTATES | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017