$304,128*
●
Multifamily -
Off Market
200 Paden Street #AB
El Paso, TX 79905
Studio
0 Bath
2,020 Ft²
$180,000 - $218,000
Reference Base Price*
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
NEW CONSTRUCTION DUPLEX INVESTMENT PROPERTY! Spacious 2,020 sqft
with 1,010 sqft per unit.(A&B) Modern open Kitchen loor plan
with 3bedrooms/2baths each unit and good size closets. Some
features include: Refrigerated Air, uniform Tile flooring
throughout, mini-blinds, with appliances including Stainless Steel
Range, Micro Hood, and a Dishwasher. Fenced private yards and
landscaped with concrete driveways. Conveniently located by the
BORDER HIGHWAY and ALAMEDA, BRIDGE, Only 8 minutes from the
University Medical Center of El Paso & Texas Tech University Health
Sciences Center. Perfect for a Medical Professional or Medic
Student. Even a great Starter Home/ Investment opportunity! you can
live in one and RENT the other.
The manager has listed the unit size as 2020 square feet.
The manager has listed the unit size as 2020 square feet.
Unit Size
2,020 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$99
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
2018
Payment Calculator
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Cap Rate Calculator
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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 |
|---|---|---|---|
| Mar 15, 2019 | Sold | ||
| Sold | |||
| Feb 15, 2019 | Listed | $199,900 | |
| Listed | |||
| | |||
|
Newly Constructed DUPLEX INVESTMENT PROPERTY! Spacious total 2,020 sqft ( 1,010 sqft per unit.A&B) Modern open Kitchen floor plan with 3bedrooms/2baths each unit and good size closets. Some features include: Refrig AC, uniform Tile flooring throughout, mini-blinds, with appliances including Refrigerator, Range, 'Hood, Fenced private yards and landscaped with large concrete driveways. Conveniently located by the BORDER HIGHWAY and ALAMEDA, BRIDGE, Only 8 minutes from the University Medical Center of El Paso & Texas Tech University Health Sciences Center. Perfect for a Medical Professional or Medic Student. Even a great Starter Home/ Investment opportunity or You can live in one and RENT the other.
| |||
| Dec 22, 2018 | No longer available | - | |
| No longer available | |||
| May 3, 2018 | Listed | $199,900 | |
| Listed | |||
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/15/2019
|
Studio
|
-
|
-
|
$199,900
Studio
-
|
$190,000
-4.95%
03/15/2019
|
Yolanda Moran
Century 21 APD & Associates
| |
|
02/15/2019
| |
Studio
|
-
|
2020 ft²
|
$199,900
Studio
-
2020 ft²
|
-
-
|
-
|
|
07/04/2018
|
3 Bed
|
2 Bath
|
1010 ft²
|
-
3 Bed
2 Bath
1010 ft²
|
-
-
|
-
| |
|
05/03/2018
|
Studio
|
-
|
2020 ft²
|
-
Studio
-
2020 ft²
|
-
-
|
-
| |
|
02/01/2018
| |
1 Bed
|
1 Bath
|
-
|
$20,000
1 Bed
1 Bath
|
$175,000
+775.00%
03/15/2018
|
Iris Saenz
ERA Sellers & Buyers Real Esta
|
Building Info
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