171 HOLGUIN Avenue
About This Property
Unit 1, the main residence, features 2 bedrooms, 1 full bathroom, refrigerated air, approximately 1,748 sq ft, and has previously rented for $1,100/month. Unit 2 offers 1 bedroom, 1 full bathroom, evaporative cooling, approximately 481 sq ft, and already has a tenant ready to move in at $900/month. Unit 3 features 2 bedrooms and 1 full bathroom and can also generate approximately $900/month in rental income.
The property sits on a generously sized lot with additional rear lot space that may accommodate a future 15x20 additional unit, creating even more income potential for the next owner. Property is serviced by both a private well and city water.
The main residence includes spacious living areas, a well-appointed kitchen with quartz island, and attached garage. Mature trees, ample parking, and flexible outdoor space add to the property's appeal. Conveniently located with quick access to Doniphan Drive, I-10, and El Paso, this property combines excellent investment potential with small-town charm.
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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 5, 2026 | Price Decreased |
$289,998
↓ $1
(0%) | |
| Price Decreased | |||
| Oct 3, 2026 | Relisted | $289,999 | |
| Relisted | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Relisted | $289,999 | |
| Relisted | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017