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73755 Siesta Drive
About This Property
A cinderblock front patio creates the perfect introduction, with additional porch seating perfectly positioned to take in the reverse sunset while looking out toward the Sheephole Mountains. Inside, you're greeted with a warmth and charm that's increasingly rare to find. The living room is perfectly sized and complemented by a mini split system, along with a window-mounted Mastercool swamp cooler for added efficiency. The space flows seamlessly into a kitchen adorned with original tile that captures the spirit of the era.
Two bedrooms are situated in close proximity, connected by a bonus room currently set up as an office-offering flexibility for work, creativity, or additional lounging space.
Outdoors is where this property truly comes to life. Designed for connection and relaxation, you'll find three distinct dining and gathering spaces: a screened porch for shaded mornings, a covered patio for effortless entertaining, and a hillside brick platform ideal for grilling, dining, and enjoying star-filled desert nights. From the property, you can even catch a glimpse of the historic home once associated with James Cagney-adding another layer of character to an already special setting.
The circular driveway wraps gracefully around the home, adding both convenience and curb appeal. A charming cactus garden offers a beautiful foundation to expand upon, while the large attached one-car garage-wired and plumbed, and once used as a potter's studio-offers endless possibilities for creative use, storage, or workspace. For added value, the washer and dryer will convey with the property, and the electric water heater is approximately two years old.
Full of originality, warmth, and that unmistakable old 29 Palms charm, The Roadrunner Cottage is more than a home-it's a feeling.
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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 |
|---|---|---|---|
| Jul 9, 2026 | Sold | ||
| Sold | |||
| May 10, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Listed by 29 Palms Realty | $239,000 | |
| Listed by 29 Palms Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017