85100 Eddie Albert
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed by C & S Real Estate, Inc. | $225,000 | |
| Listed by C & S Real Estate, Inc. | |||
| | |||
|
Escape to the serene beauty of Wonder Valley with this updated 1-bed, 1-bath home, offering a perfect blend of modern comfort and off-grid capable living. This unique property is zoned as a single family residence – NOT a rec cabin – and is fully permitted and loanable. Boasting a new septic system, new storage shed (on concrete slab), new gates, and new rear patio, this desert oasis sits on a spacious five acre lot, bordered by fifteen acres of protected government land on the South and West sides, and more than 39,000 acres of protected wilderness (the Cleghorn Lakes Wilderness Area) to the North. The fenced area (comprising about half the property) is a thoughtful combination of wood fencing for complete privacy at the front of the lot, and wire fencing at the back, to maximize the breathtaking unobstructed view of the Bullion Mountains.
Inside, you’ll find a thoughtfully designed living space with modern upgrades, abundant natural light, and breathtaking desert and mountain vistas from every window. Full laundry with stackable washer and dryer. Mini-split units in the living area and bedroom provide 2.5 tons of cooling and heating, powered by a paid solar system with Powerwall battery backup, while also on the electrical grid. The deep, high flow (14 gal/min) well with huge water holding tank provides true self-sufficiency. Step outside to enjoy the vast open space, ideal for stargazing, hiking, or simply soaking in the tranquility of the desert, or head to the iconic Palms Restaurant for live music or a cocktail, just five miles away. The North entrance to Joshua Tree National Park is about a twenty minute drive, and five minutes more gets you the restaurants, shopping and activities of trendy downtown Twentynine Palms. This property is perfect as a full-time residence, weekend getaway, or vacation rental investment. Don’t miss this rare opportunity to own a fully-permitted, off-grid retreat with unmatched views and ultimate privacy!
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 16, 2020 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017