84655 Raymond Drive
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 5, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | Listed by 29 Palms Realty | $39,000 | |
| Listed by 29 Palms Realty | |||
| Dec 23, 2023 | No longer available | - | |
| No longer available | |||
| Dec 16, 2023 | In contract | - | |
| In contract | |||
| Nov 21, 2023 | Listed by Madelaine LaVoie | $39,000 | |
| Listed by Madelaine LaVoie | |||
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This amazing pink cinder block cabin is located in the most sought after, isolated place in the world: Wonder Valley. Built in 1955, this 192 square foot cabin can house your dreams and turn them into reality. Totally off-grid, this cinder block cabin could change your life. A stone's throw to the the world famous Palms Restaurant, it's also minutes to The Cleghorn Lake Wilderness, a short drive to Joshua Tree National Park, and Downtown 29 Palms. There is no water, power is not too far away. The Stars are Worth The Price of Admission. The manager has listed the unit size as 192 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017