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7201 Olympic Road
About This Property
Just minutes from downtown Joshua Tree and the entrance to Joshua Tree National Park, this location offers convenient access to local cafes, art galleries, and live music venues. Enjoy the best of Hi-Desert living with nearby attractions such as the Joshua Tree Music Festival, weekly Farmers Market, and endless outdoor adventures beneath stunning desert skies.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Listed by Cherie Miller & Associates | $45,000 | |
| Listed by Cherie Miller & Associates | |||
| Apr 20, 2019 | No longer available | - | |
| No longer available | |||
| Jan 11, 2019 | Listed | $24,900 | |
| Listed | |||
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Great lot in the friendly hills area of Joshua tree with A PAID WATER METER ! Great views to the west minutes to downtown and the park !
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017