74596 Baseline Road
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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%.
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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 23, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Listed by C & S Real Estate, Inc. | $45,000 | |
| Listed by C & S Real Estate, Inc. | |||
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Investor special or renovation opportunity in the desirable Hanson area of 29 Palms! This 2 bedroom, 1 bath home sits on just over a quarter acre and offers excellent potential for someone ready to restore and reimagine it. The property experienced a fire and is currently boarded up, but it’s easy to see the promise in its solid bones and spacious layout. The home features a large living room with beamed ceilings and expansive windows that once filled the space with natural light. The kitchen area offers plenty of room for redesign and includes French doors that open to the outdoors. Both bedrooms are nicely sized with built-in storage in the closets, offering a strong starting point for a modern refresh. Outside, the property includes an attached carport and a storage shed, with room to create a comfortable outdoor living space. Located just minutes from the entrance to Joshua Tree National Park and close to local amenities, this property is a true diamond in the rough—ready for the right buyer to bring it back to life and make it shine.
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| Oct 9, 2019 | Sold | ||
| Sold | |||
| Aug 15, 2019 | Listed by Triad Realtors | $125,000 | |
| Listed by Triad Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017