$256,000
●
House -
Off Market
2320 MERMAID Drive
El Paso, TX 79936
4 Beds
1 Bath
$1,863
Est. Monthly
6.06%
Cap Rate
About This Property
Try this one on for Sighs. Here's a newly listed Eastside, 4
bedroom, brick home. This home shines with pride. You'll enjoy this
kitchen with its abundance of oak cabinets, granite counter-tops,
and like-new appliances. Easy care, manicured yards. Low
maintenance rock and desert plants in the front, but don't worry
the backyard is green with large shade trees, and lush grass. With
two living areas, there is room for everyone There is a spacious
family room that is open to the Dining Room and Kitchen. It has a
Santa Friendly Corner fireplace with a mantle for stockings. Your
kids will like having their own rooms. Each is good sized
with ample storage in the closets. If you buy this one, You'll
breathe a SIGH of satisfaction as you fall asleep at night.
Unit Size
-
Days on Market
209 days
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$557
HOA Dues
-
Year Built
1978
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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.
Last updated: 6 months ago (GEPAR MLS #889972)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Oct 12, 2023 | Listed by Clark Bros Real Estate | $265,770 | |
| Listed by Clark Bros Real Estate | |||
| Aug 19, 2016 | Sold | ||
| Sold | |||
| May 22, 2016 | Listed by Haggerty Company | $159,900 | |
| Listed by Haggerty Company | |||
| | |||
|
Immaculate inside and out ! 4 bedroom 1 3/4 Bath located in an Established East side subdivision. Two living areas, Kitchen with stainless steel appliances, bar, plenty of counter and cabinet space and quartz counter tops. Nice size bedrooms, all windows have replaced, with 2 inch blinds and wrought iron thruout , Siding all around exterior with gutters, Beautiful backyard,Cover Patio, 8 X 14 Morgan Shed. Mature yard for entertaining. GREEN.....
| |||
| Nov 4, 2004 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About East Glen
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Listed by: Charles Clark, Clark Bros Real Estate
Last Updated: 6 months ago
Data Source: GEPAR, MLS# 889972
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.
Listing data is deemed reliable but not guaranteed.
Copyright 2026 the Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 6 months ago
Data Source: GEPAR, MLS# 889972
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