1516 Mescal Lane
About This Property
Conveniently located near shopping, dining, gyms, boutiques, and schools- everything you need is just minutes away. Enjoy easy access to I-10 and Transmountain Rd., making travel throughout the city, Ft. Bliss, and even nearby New Mexico areas like Santa Teresa a breeze.
This home has over 2,400 square feet of living space; 3 bedrooms, 3 bathrooms, 2 living areas, a formal dining room, and a bright kitchen with a breakfast nook. You'll also find plenty or closets and storage space throughout, a well-designed laundry room, and a large loft.
All bedrooms are located upstairs and thoughtfully separated, providing added privacy and noise control. The primary suite is generously sized and features a large open bathroom and an extra large walk-in closet with skylights.
The front and backyard are beautifully landscaped with a low-maintenance design. This home is truly turn-key and move-in ready!
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 14, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Price Decreased |
$355,000
↓ $9K
(2.5%) | |
| Price Decreased | |||
| Jul 1, 2026 | Price Decreased |
$364,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jun 14, 2026 | Relisted | $369,000 | |
| Relisted | |||
| May 13, 2026 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017