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7381 Sunset Road
About This Property
Recent upgrades include newer paint, plantation shutters, updated flooring, central air, a MasterCool swamp cooler, and indoor laundry. Enjoy the covered patio, relaxing spa, low-maintenance landscaping, and panoramic views. The property also offers an attached 2-car garage plus 2 detached garage, I car and 2 car spaces, which could be used as a workshop or studio, a Yoga Room or art rooms etc. It also has lighting, electricity and A/C. Conveniently located just minutes from Joshua Tree National Park, shopping, dining and hiking. A rare opportunity for a primary home, vacation retreat, a short term or long term rental or investment 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 |
|---|---|---|---|
| Oct 20, 2026 | Price Decreased |
$575,000
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Sep 26, 2026 | Price Decreased |
$589,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jul 27, 2026 | Price Decreased |
$600,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Jul 24, 2026 | Price Decreased |
$615,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Jul 8, 2026 | Listed by First Team Real Estate | $620,000 | |
| Listed by First Team Real Estate | |||
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About Joshua Tree
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,200 /mo
- 3 Beds
- 1 Bath
- 1,175 ft²
$2,395 /mo
- 2 Beds
- 2 Baths
- 1,008 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017