7651 Shawnee Trail
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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 |
|---|---|---|---|
| Nov 5, 2021 | Sold | ||
| Sold | |||
| Sep 1, 2021 | Listed by Elevate Palm Springs | $279,900 | |
| Listed by Elevate Palm Springs | |||
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Welcome to your very own piece of hi desert magic! This intimate cottage (already connected to sewer) provides multiple areas, inside and out, for rest, relaxation, and fun. The vintage stained glass front door invites you into this chic, midcentury home, complete with pine wood paneling, original wood burning stove, and saltillo tiles. Tasteful light fixtures throughout with LED lighting, newer stove and refrigerator, and newer roof with recent exterior paint give this classic home a modern feel while preserving the hi desert aesthetic. The warm front porch provides stunning views of mountains, opportunities to connect with neighbors, and hours of enjoyment admiring the mature cacti landscaping. In the back you'll find a personalized cowboy tub, fire pit, and bocce ball court just waiting to entertain your friends and family. Enjoy the impressive collection of joshua trees, prickly pear cacti, agave, eucalyptus, and olive trees, creating an extraordinary private garden. Turn the shed into your private workspace and park your RV in its own separate, far-reaching space. Minutes from Old Town Yucca, Pioneertown, Pappy & Harriet's, and Joshua Tree National Park. Perfect for a weekend getaway, full time residence, and/or investment property. Welcome home :O)
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| Jul 29, 2019 | Sold | ||
| Sold | |||
| Jun 13, 2019 | Listed by Better Homes and Gardens Real Estate: Leaskou Partners | $169,000 | |
| Listed by Better Homes and Gardens Real Estate: Leaskou Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017