80950 Witt Road
About This Property
Located just 15 minutes from downtown 29 Palms and Joshua Tree National Park, with quick access to Las Vegas, Arizona, and Los Angeles, this home offers both privacy and accessibility. The property operates on a hauled water system and has a history as a successful short-term rental. Move-in ready, yet with potential for personal touches, this property is perfect for first-time buyers or investors. Motivated seller; all offers considered. Don't miss the chance to own this Wonder Valley retreat!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Price Decreased |
$244,500
↓ $5K
(2%) | |
| Price Decreased | |||
| Oct 24, 2024 | Relisted | $249,500 | |
| Relisted | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017