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85875 Diamond Bar Road
About This Property
Perfectly positioned in a desirable Wonder Valley location, you'll enjoy wide-open skies, stunning mountain views, and quick access to local treasures. Just minutes from Joshua Tree National Park and the untouched beauty of the Sheephole Valley Wilderness, this property places you right in the heart of what makes the High Desert so special.
Whether you're seeking a creative project, a minimalist retreat, or a future vacation rental, this 5-acre opportunity is ready for your imagination. Your Wonder Valley dream starts here.
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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 |
|---|---|---|---|
| Sep 8, 2026 | Listed by 29 Palms Realty | $40,000 | |
| Listed by 29 Palms Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017