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8680 Star Lane
About This Property
Inside, 1,122 square feet of living space features an open, light-filled layout with distinctive natural stone tile flooring, a cozy wood-burning stove, and expansive sliding glass doors that frame spectacular desert views. The kitchen offers generous counter space, a convenient center island, and an adjoining dining area, creating a comfortable setting for everyday living and entertaining.
Outside, the property's colorful Southwestern-inspired exterior complements the surrounding landscape, while established desert plantings, natural rock accents, and a freestanding wooden deck provide opportunities to enjoy the peaceful surroundings. Whether you're taking in the mountain views, watching the changing colors of the desert sky, or simply enjoying the tranquility of your own acreage, this property captures the character of Joshua Tree living.
Additional highlights include an attached two-car garage and plenty of room to appreciate the natural beauty of the property. Located in the sought-after Monument Manor area near Joshua Tree National Park, this home offers an appealing combination of desert charm, scenic surroundings, and convenient access to the area's outdoor attractions.
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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 |
|---|---|---|---|
| Oct 15, 2026 | Listed by Cherie Miller & Associates | $490,000 | |
| Listed by Cherie Miller & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017