$75,000
●
Land -
Off Market
8511 Boarder Avenue
Joshua Tree, CA 92252
Studio
0 Bath
$158,817
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
2.5 Acres located in Monument Manor neighborhood which is approx
only 2 miles from the entrance of the Joshua Tree National Park. At
this amazing property you are surrounded by beautiful views of the
mountains and boulders. Water and power appear to be in the street,
buyer to verify.
Unit Size
-
Days on Market
230 days
Land Size
2.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2021
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #JT19135219)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2020 | Sold | ||
| Sold | |||
| Jun 8, 2019 | Listed by Better Homes and Gardens Real Estate: Leaskou Partners | $109,000 | |
| Listed by Better Homes and Gardens Real Estate: Leaskou Partners | |||
| Dec 29, 2018 | No longer available | - | |
| No longer available | |||
| Sep 19, 2018 | Price Decreased |
$129,000
↓ $10K
(7.2%) | |
| Price Decreased | |||
| Jun 29, 2018 | Listed | $139,000 | |
| Listed | |||
| | |||
|
Reduced $20k! Imagine relaxing on your front porch enjoying expansive views of the Park and all the way up Monument Manor. Or climbing on your own rock formation in your back yard. Wonderful 2.5 acre lot in highly desirable Monument Manor. Expansive views, very private. Lot has several joshua trees and an abundance of natural flora. Prior owner cleared and leveled a pad they believed to be buildable. Buyer needs to verify with the County. Power nearby, water believed to be in the street. Check with JBWD to confirm.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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Sold On
Sold On
HOA + Taxes
About Joshua Tree
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sean Dittmer, Better Homes and Gardens Real Estate: Leaskou Partners
Last Updated: 4 months ago
Data Source: CRMLS, MLS# JT19135219
Last Updated: 4 months ago
Data Source: CRMLS, MLS# JT19135219
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