240 El Paso Street
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 |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Price Decreased |
$279,900
↓ $11K
(3.8%) | |
| Price Decreased | |||
| Aug 4, 2025 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $291,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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This inviting 4-bedroom Cape blends charm & updates throughout. The first-floor layout is thoughtfully designed w/an open-concept eat-in kitchen & living room, ideal for both daily living and entertaining. The spacious primary bedroom is conveniently located on the main level alongside a second bedroom, both w/wood floors underneath the carpeting. Freshly painted in neutral tones, the first floor also features new flooring in the living room, kitchen, and bathroom, plus stylish new light fixtures and ceiling fans. The upstairs offers two additional bedrooms. Backyard is fenced w/patio for entertainment & relaxation in 5 person Hot Tub. Enjoy peace of mind w/a brand-new oil tank and hatchway, New Shed, New roof 2022, gutters 2023, hot water 2024, updated bath 2019, updated kitchen 2017. Located near local parks and just minutes from highway access, shopping, and dining—residents can explore popular spots like Milano's Ristorante, The Student Prince Café, Bueno Y Sano, and MGM Springfiel
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| Aug 1, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017