7279 Balsa 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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Aug 5, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Price Decreased |
$415,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Jun 15, 2025 | Price Decreased |
$430,000
↓ $15K
(3.4%) | |
| Price Decreased | |||
| Apr 28, 2025 | Listed by Real Brokerage Technologies | $445,000 | |
| Listed by Real Brokerage Technologies | |||
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Welcome to 7279 Balsa Avenue, a beautifully remodeled single-family home on a corner lot. 1 neighbor, nestled in the heart of Yucca Valley’s desirable Southeast neighborhood. This move-in-ready retreat blends comfort, efficiency, and modern flair, making it perfect for full-time living, weekend escapes, or a vacation rental investment.
This home is equipped for smart living, such as Alexa and Google Home. The 3-bedroom, 2-bath home features an open-concept living space with granite countertops, white cabinetry, and tile flooring throughout the main areas, plus cozy carpeting in the bedrooms. Energy-efficient solar panels and smart home technology enhance convenience while helping you save on utilities.
Step outside and discover your private backyard paradise complete with a sparkling Pool, and ample space for entertaining or stargazing under the desert sky. Located just minutes from downtown Yucca Valley, local shops, restaurants, and the gateway to Joshua Tree National Park and Palms Springs.
Whether you're looking for your dream home or a stylish desert getaway, this one checks all the boxes. Come see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017