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61716 Navajo Trail

Joshua Tree, CA 92252
  • $620,000
  • STATUS: Active
  • ON SITE: 9 Days
  • ID#: OC22164514
$620,000
  • 0
    BEDS
  • 0.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1989
County:

School Ratings & Info

Listing Agent(s): Keith Powers of Alta Realty Group Ca, Inc (888-504-5327)


Description

Looking for a great income property? This single-story, 3 Bedroom, 2 Bath, desert home is the perfect Short-Term Rental. It is already licensed and operating as a Short-Term Rental (Opened in February, 2022) All furniture, furnishings, appliances, TVs, supplies and EVERYTHING else used to operate the property is included in the price. Fully-equipped , kitchen with tile countertops and modern refrigerator and a separate eating area. The primary guest suite features a walk-in closet and attached bathroom with double sinks. This single-story floor plan includes 2 fireplaces. There is a covered backyard patio, with gas firepit and adjacent SPA for your guests to enjoy. No HOA! This Short-Term Rental has lots of upside potential. ($76,653 Proforma Net Income - 12.4% Cap Rate - Self-Managed) ($53,701 Proforma Net Income - 8.7% Cap Rate - Professionally Managed)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T00:29:53.897. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/131512157
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61716 Navajo Trail Joshua Tree, CA 92252

  • Price: $620,000
  • Status: Active
  • On Site: 9 Days
  • ID#: OC22164514
0
Beds
0
Baths
0
½ Baths
0.56
Acres
1989
Built
Neighborhood:
DC615 - Upper Friendly Hills
County:
San Bernardino
Area:
DC615 - Upper Friendly Hills
Property Description
Looking for a great income property? This single-story, 3 Bedroom, 2 Bath, desert home is the perfect Short-Term Rental. It is already licensed and operating as a Short-Term Rental (Opened in February, 2022) All furniture, furnishings, appliances, TVs, supplies and EVERYTHING else used to operate the property is included in the price. Fully-equipped , kitchen with tile countertops and modern refrigerator and a separate eating area. The primary guest suite features a walk-in closet and attached bathroom with double sinks. This single-story floor plan includes 2 fireplaces. There is a covered backyard patio, with gas firepit and adjacent SPA for your guests to enjoy. No HOA! This Short-Term Rental has lots of upside potential. ($76,653 Proforma Net Income - 12.4% Cap Rate - Self-Managed) ($53,701 Proforma Net Income - 8.7% Cap Rate - Professionally Managed)
Exterior Features

Construction Materials Copper Plumbing Exterior Features Barbecue Fencing Chain LinkFair Condition Foundation Details Slab Lot Features Back YardCorner LotDesert BackDesert FrontFront Yard Number Of Separate Electric Meters 1 Open Parking Spaces 2 Parking Features BoatConcreteDirect AccessDoor-SingleDrivewayGarageGarage Door OpenerGravelRv PotentialRv Access/Parking Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Road Surface Type Paved Roof Tile Spa Features Above GroundHeatedPrivate Spa YN Yes View Desert View YN Yes

Interior Features

Appliances DishwasherDisposalGas OvenGas RangeIce MakerMicrowavePropane Water HeaterRefrigeratorWater To RefrigeratorDryerWasher Common Walls No Common Walls Cooling Central AirAttic Fan Cooling YN Yes Door Features Sliding Doors Fireplace Features Dining RoomFamily RoomWood Burning Fireplace YN Yes Flooring CarpetLaminateTile Heating CentralFireplace(S) Heating YN Yes Interior Features Beamed CeilingsCeiling Fan(S)Ceramic CountersFurnishedStorageTile CountersWired For DataAll Bedrooms DownAtticBedroom On Main LevelMain Level MasterUtility RoomWalk-In Closet(S) Window Features BlindsDrapesScreens

Property Features

Additional Parcels YN No Cable Tv Expense 660 Cap Rate 8.7 Common Interest None Community Features HikingNear National ForestPreserve/Public LandRural Disclosures Licensed Vacation Rental Electric 220 Volts For Spa Electric Expense 4200 Exclusions Stove Boxed in GarageAntique Dresser & All Tools in House & Garage Fuel Expense 600 Garage YN Yes Gross Income 105000 Gross Scheduled Income 161538 Inclusions All FurnitureFurnishingsAppliancesTvs And Supplies Used To Operate The Str. Insurance Expense 700 Land Lease YN No Laundry Features Laundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Maintenance Expense 600 Net Operating Income 53701 New Construction YN No New Taxes Expense 6578 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 51299 Other Expense 7350 Pest Control Expense 600 Pool Expense 3000 Property Condition Turnkey Rent Control YN No Security Features PrewiredSecurity SystemClosed Circuit Camera(S)Carbon Monoxide Detector(S)Fire Rated DrywallSmoke Detector(S)Security Lights Senior Community YN No Sewer Septic Type Unknown Special Listing Conditions Standard Supplies Expense 0 Trash Expense 1140 Utilities Cable AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedPropaneSewer Not AvailableWater Connected Vacancy Allowance 56538 Vacancy Allowance Rate 35 Water Sewer Expense 791 Water Source Public Zoning Jt/Rs-14M



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T00:29:53.897. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
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Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing Agent(s): Keith Powers of Alta Realty Group Ca, Inc (888-504-5327)