7959 Stephenson Lane
About This Property
Inside, tall ceilings and recessed lighting create an open, inviting atmosphere. Large picture windows frame the beauty of the surrounding landscape, bringing natural light and desert scenery and panoramic views into the home. The stylish kitchen features a center island and flows directly into the living room, where a fireplace adds warmth on cool evenings. The primary bedroom includes a huge walk-in closet. Central heating and air conditioning keeps the home comfortable year-round.
Outdoor living is well supported with a built-in BBQ and pizza oven-perfect for parties and taking in the distant views.
Just minutes away, enjoy all the area has to offer, including Joshua Tree National Park, the Hi-Desert Cultural Center, Pioneertown's entertainment at Pappy & Harriet's, the Joshua Tree Music Festival, weekly farmer's markets, and seasonal art tours.
A wonderful opportunity to enjoy space, views, and the unique Yucca Valley lifestyle.
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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 |
|---|---|---|---|
| Jan 27, 2026 | Sold | ||
| Sold | |||
| Dec 29, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Listed by Cherie Miller & Associates | $775,000 | |
| Listed by Cherie Miller & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017