1553 CHEROKEE RIDGE Drive
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 |
|---|---|---|---|
| Sep 28, 2020 | Sold | ||
| Sold | |||
| Apr 30, 2020 | Listed by Haggerty Company | $299,999 | |
| Listed by Haggerty Company | |||
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Welcome to Cherokee Ridge Drive on the westside of El Paso. This home sits in a cul-de-sac and offers four bedrooms, three bathrooms, one of which is a jack a jill style. There is also a foyer, formal dining area, and a flex space that would work as an office or second living area. The main living area is spacious with built-in storage and a lovely fireplace. Enjoy cooking in this kitchen with a massive island, updated appliances, and beautiful cabinetry. The master is upstairs with french doors, a walk-in closet, and a bathroom suite with a glass door shower, soaking tub and a double sink vanity. The exterior of the home has a walled backyard, covered patio, and a three-car garage. Other notable features include refrigerated air and a utility room.
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| Mar 20, 2015 | Sold | ||
| Sold | |||
| Dec 15, 2014 | Listed by Century 21 The Edge | $298,800 | |
| Listed by Century 21 The Edge | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017