12036 Michelangelo Drive
About This Property
Discover comfort and convenience at 12036 Michelangelo, El Paso, Texas! This charming 3-bedroom, 2 1/2 bathroom home offers a welcoming atmosphere with spacious living areas perfect for relaxation and entertaining. This layout provides ample natural light, enhancing the warm and inviting ambiance. Enjoy the convenience of a functional kitchen, cozy bedrooms, 2 living areas, and a private backyard ideal for gatherings or quiet evenings. Located in a desirable neighborhood close to shopping, dining, and schools, this property is a fantastic opportunity for anyone looking to call El Paso home. Don't miss out-schedule your showing today!
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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 |
|---|---|---|---|
| May 20, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Feb 13, 2025 | Listed by Diligent Real Estate Group | $235,000 | |
| Listed by Diligent Real Estate Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017