12488 Wendy Reed Dr Drive
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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 |
|---|---|---|---|
| Mar 24, 2023 | Sold | ||
| Sold | |||
| Dec 9, 2022 | Listed by MRG REALTY LLC | $192,000 | |
| Listed by MRG REALTY LLC | |||
| Aug 30, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by MRG REALTY LLC | $149,000 | |
| Listed by MRG REALTY LLC | |||
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Well maintained, freshly painted and serviced starter home in one of the most coveted locations in El Paso! 2 mins off 375 just north of the gateway estates behind the El Paseo Market Place. Includes a huge fanned out blank pallet of a backyard just waiting for your perfect idea of a family entertainment area. This is where you will have those family parties! If you value a quiet neighborhood in an established area that is close to shopping, entertainment and has ease of access to El Paso's main highways then this is your home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017