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8419 Elk Trail
About This Property
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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 |
|---|---|---|---|
| May 26, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Listed by Compass | $499,000 | |
| Listed by Compass | |||
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Nestled high in the desirable southern Juniper Terrace area , this immaculate four-bedroom, two-bath home is a true desert retreat. With completely paid off Solar and the summer heat on it's way, wouldn't you enjoy electric bills on average of less than $10/month? Recently enhanced with all-new windows, a beautifully updated kitchen and bath fixtures, and top-of-the-line appliances, this home is move-in ready. The inviting living room with a cozy fireplace sets the tone for relaxation, while a flexible front space can serve as a formal dining area, home office, or a tranquil reading nook. 3 of the 4 Bedrooms have walk in closets, Primary suite with large walk in closet, dual sink vanities, separate soaking tub with jets and shower.Outdoors, enjoy a newly landscaped yard complete with a hot tub, RV parking and hookups, and an electric car charge located in the oversized double car garage. The property's nearly half-acre lot offers a fenced area with a separate wildlife retreat space, perfect for stargazing or unwinding after a day on the nearby trails.Whether you're looking for a full-time residence, a weekend getaway, or a prime short-term rental opportunity, 8419 Elk Drive delivers the best of Yucca Valley living--with modern comforts and the beauty of the desert at your doorstep.
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| Oct 2, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017