11352 Santa Barbara Drive
About This Property
One of this home's standout features is the solar panel system, providing increased energy efficiency and the potential for lower utility costs. Conveniently located in Socorro near schools, parks, shopping, and easy access to major roadways, this move-in-ready home combines modern construction with comfort, efficiency, and value. Don't miss your opportunity to make this exceptional property your own!
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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 |
|---|---|---|---|
| Jul 13, 2026 | Listed by The WAR Team | $260,000 | |
| Listed by The WAR Team | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017