14797 H Derringer Road
About This Property
OWNER FINANCE!! OUR LOT IS LEVELED AND CLEAN,,JUST OUTSIDE CITY LIMITS, YOULL FIND A 5 ACRE LOT ON THE CORNER OF H DERINGER AND CRUZ TIERRA IN HOMESTEAD MEADOWS. NO ZONING RESTRICTIONS SO HURRY AND GET USE OF IT TO BE GRANDFATHERD IN. COMMERICAL TRUCKING COULD USE AS A YARD OR BUILD YOUR DREAM HOME FROM SCRATCH GREAT NEWS. WATER IS 1 BLOCK AWAY AND THE ELECTRICAL POLE IS IN THE BACK OF THE LOT! JUST GET A PROPANE TANK AND YOU'RE SET!!
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Cap Rate Calculator
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 18, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2023 | Listed by Camacho Real Estate | $128,500 | |
| Listed by Camacho Real Estate | |||
| Feb 22, 2023 | Sold | ||
| Sold | |||
| Nov 9, 2022 | Listed by Team Juan Uribe | $115,000 | |
| Listed by Team Juan Uribe | |||
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This is an incredible 5 acre lot on the corner of H Derringer Rd and Cruz Tierra in Homestead Meadows North Subdivision in East El Paso. This is a great piece of land outside of the El Paso City Limits. The property does not have zoning restrictions since it is located outside of the zoning area in the City of El Paso. This would be a great location for commercial storage and/or a residence with a view of the Hueco Tanks area and scenic desert views!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017