70
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2304 FLORENCE
About This Property
Super location, easy access to downtown and walking distance to UTEP, El Paso tennis and Swim Club and area hospitals - Las Palmas and Providence Memorial. Integrated security system will convey.
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Cap Rate Calculator
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 8, 2025 | Sold | ||
| Sold | |||
| Sep 24, 2025 | In contract | - | |
| In contract | |||
| Jul 14, 2025 | Listed by eXp Realty LLC | $440,000 | |
| Listed by eXp Realty LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Rim - University
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017