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74146 Cactus Drive
About This Property
Recently updated kitchen and flooring bring a fresh contemporary feel throughout the home, while the bedrooms feature high-quality soft 55-count carpeting with upgraded foam padding for exceptional comfort and warmth. Plantation-style shutters throughout enhance both the aesthetic and functionality of the home, offering added privacy, timeless character, and improved energy efficiency year-round.
Adding exceptional long-term value, the property includes paid-off solar system (to be paid off at close of escrow)- a highly sought-after feature that offers lower utility costs, improved efficiency, and increased buyer appeal in today's market.
The spacious primary suite serves as a private retreat with its own ensuite bathroom, while two additional bedrooms provide flexibility for guests, a home office, or creative space.
The finished attached garage has also been upgraded with a brand-new mini split system, creating an ideal flex space for a home gym, studio, workshop, game room, or additional bonus living area.
Outside, the large fully fenced backyard offers endless potential to create your own desert oasis - whether envisioning outdoor entertaining, dining under the stars, room for pets, or simply enjoying the peaceful surroundings and open skies.
Ideally located on paved roads with convenient access to downtown, Freedom Plaza, local restaurants, shopping, and the North Entrance of Joshua Tree National Park, the property combines comfort, convenience, and quintessential High Desert living.
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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 2, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Price Decreased |
$385,000
↓ $14K
(3.5%) | |
| Price Decreased | |||
| Jun 24, 2026 | Price Decreased |
$399,000
↓ $16K
(3.9%) | |
| Price Decreased | |||
| Jun 8, 2026 | Price Decreased |
$415,000
↓ $20K
(4.6%) | |
| Price Decreased | |||
| May 22, 2026 | Listed by Joshua Tree Modern | $435,000 | |
| Listed by Joshua Tree Modern | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017