14020 RAINBOW POINT
About This Property
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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 7, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Aug 1, 2025 | Listed by ERA Sellers & Buyers Real Esta | $264,950 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
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Stunning 3 bedroom home in Tierra Del Este is sure to please. Elegant with an open floor plan; perfect for entertaining. The living area consists of a cozy fireplace and built-ins, while the breakfast area and gorgeous kitchen feature granite countertops and a convenient breakfast bar for additional seating. You will love retreating to the spacious master suite with a large walk-in closet, double vanity, shower and a relaxing jetted tub. Notable aspects include refrigerated air, utility room, beautiful travertine tile floors, white shutters, water softener, and security system. The backyard has tall privacy fencing, wood burning firepit, artificial grass, covered patio, and flower beds ready for the next get-together. Located in a welcoming neighborhood close to parks, shopping, and top-rated schools. Discover the joy of living in a place where comfort and sophistication meet—your next chapter begins here.
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| Jan 16, 2018 | Sold | ||
| Sold | |||
| Dec 11, 2017 | Listed by Haggerty Company | $190,000 | |
| Listed by Haggerty Company | |||
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This stunning 3 bedroom home in Tierra Del Este is sure to please. Elegant with an open floor plan; perfect for entertaining. The living area consists of a cozy fireplace and built-ins, while the breakfast area and gorgeous kitchen feature granite countertops and a convenient breakfast bar for additional seating. You will love retreating to the spacious master suite with a large walk-in closet, double vanity, shower and a relaxing jet tub. Other notable aspects include refrigerated air, a utility room, beautiful travertine tile floors, white shutters and a custom closet in the garage. And the backyard and covered patio are ready for the next get-together anytime of the year with a built-in BBQ grill and artificial turf. Make your move, and make this one yours today!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About El Paso
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Last Updated: 5 months ago
Data Source: GEPAR, MLS# 502979
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