12068 MESQUITE RIVER Drive
About This Property
With four bedrooms and three full baths, the layout offers excellent flexibility for families or guests. The landscaped backyard reflects pride of ownership and includes an upgraded fence and turf for gatherings. Additional features include refrigerated air and a two car garage. With no HOA fees and a peaceful setting in a growing area of Northeast El Paso, this home delivers outstanding value and everyday comfort.
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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 14, 2026 | Sold | ||
| Sold | |||
| Sep 19, 2026 | In contract | - | |
| In contract | |||
| Sep 3, 2026 | Listed by Keller Williams Realty | $270,000 | |
| Listed by Keller Williams Realty | |||
| Oct 31, 2022 | Sold | ||
| Sold | |||
| Sep 16, 2022 | Listed by ClearView Realty | $245,000 | |
| Listed by ClearView Realty | |||
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Buyers will be impressed by this home's location in the quiet area of Mesquite Hills. The corner lot is a one-minute walk from a well-kept park, and the elevated ceiling in the living and kitchen area makes the space feel quite open and spacious. The backyard has been landscaped with pride of ownership, and features an upgraded fence and sandbox - perfect for kids or entertaining guests. With four bedrooms and Three bathrooms, there's plenty of room for everyone in the family. With no HOA fees, this home is truly a great value!
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Property Highlights
Building Info
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Price/ft²
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About El Paso
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017