1925 ARIZONA
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 |
|---|---|---|---|
| Nov 9, 2020 | No longer available | - | |
| No longer available | |||
| Oct 13, 2020 | Price Decreased |
$262,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Jul 29, 2020 | Listed | $267,000 | |
| Listed | |||
| | |||
|
A quintessential opportunity is here! Complete with four total units, this property is located in the established El Paso community of Franklin Heights! Within minutes of 1-10 and some of the cities most historic streets, schools and local shops. New energy efficient windows have been installed in all the units. 2/4 have remodeled bathrooms & new tiling, and all are currently rented out to its tenants. Roof is 2-years new, and new sewer line w. clean outs. This property offers a steady & easy income for its next owner - contact us for a private showing today! The manager has listed the unit size as 2959 square feet.
| |||
| Jan 24, 2007 | Sold | ||
| Sold | |||
| Aug 28, 2006 | Listed by North-American Realty | $90,000 | |
| Listed by North-American Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017