18 & 20 SILVER CREST 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 |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | Price Decreased |
$295,000
↓ $55K
(15.7%) | |
| Price Decreased | |||
| Aug 8, 2024 | Listed by Dream Work Realty | $350,000 | |
| Listed by Dream Work Realty | |||
| |||
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Don't miss this opportunity to build your Dream Home and embrace the beautiful city and desert mountain views bestowed here! With so much of the preliminary work completed, seller has removed the foundation left there from previous owner who demolished a home. To the benefit of the new owner of this amazing property, seller has had a change of plans and is selling! Site plan, Plat of survey and an apprx 3800 sq ft Residence plan that includes a 3 car garage, home theater and more have been completed. Architectural renderings are included in the photos. Minutes from downtown El Paso, UTEP, Medical facilities, El Paso Tennis and Swim Club, Billy Rogers Arroyo Park, Palisades Canyon hiking trail and more! Gated Community with 24 Hour guard!
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| Nov 17, 2021 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Listed by Home Pros Real Estate Group | $100,000 | |
| Listed by Home Pros Real Estate Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017