1309 Desert Sky Place
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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%.
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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.
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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 5, 2026 | Sold | ||
| Sold | |||
| Feb 19, 2026 | In contract | - | |
| In contract | |||
| Jan 23, 2026 | Listed by ClearView Realty | $613,950 | |
| Listed by ClearView Realty | |||
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Located in Franklin Hills with beautiful mountain views, this Palo Verde resale offers 2,300 square feet of thoughtfully designed living space with 4 bedrooms and 3.5 bathrooms, including a junior suite ideal for guests or multigenerational living. From the moment you enter, you're welcomed by soaring 14 foot entry ceilings and 12 foot ceilings in the main living areas, creating a bright and open atmosphere. The spacious living room features a natural gas fireplace and flows into the gourmet kitchen and dining area, perfect for everyday living and entertaining. Step outside to your backyard retreat with a swimming pool, outdoor kitchen, and fully landscaped yard ideal for summer nights and weekend gatherings. The primary suite offers a freestanding soaking tub, and a spa style walk-in shower. Quiet streets and a prime location just minutes from the Franklin Mountains make this a rare opportunity in on of El Paso's most desirable communities.
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| Jan 30, 2020 | Sold | ||
| Sold | |||
| May 24, 2019 | Listed by Harris Real Estate Group, Inc. | $375,950 | |
| Listed by Harris Real Estate Group, Inc. | |||
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About El Paso
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017