2701 PORTLAND Avenue
About This Property
Come view this lovely 2 bedroom, 1 bathroom home nestled in the Manhattan Heights Historic District. This home is located right by the El Paso-famous Star on the mountain and near Memorial Park. Absolutely gorgeous views right from your front porch! The property is a corner lot and has plenty of space and vegetation in both the front, side, and back yard. Inside you'll find a comfortable and spacious living area with a fireplace as soon as you walk in. Straight ahead from there you'll find the dining area leading straight into the kitchen. The two bedroom's share a Jack and Jill style bathroom. Each room has plenty of closet space. The backyard is fenced, has a large tree, brick landscaping, and vines along the fence providing privacy. In the backyard you will find access to the single car garage which then leads to your own private driveway and parking. Come view this property for yourself today.
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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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| May 10, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by Home Pros Real Estate Group | $220,000 | |
| Listed by Home Pros Real Estate Group | |||
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Charming Remodeled 1920s Home in Historic Manhattan Heights
Nestled in the heart of the historic Manhattan Heights district, this beautifully remodeled home blends timeless character with modern comfort. Featuring original, newly refinished hardwood floors and elegant quartz countertops, every detail has been thoughtfully updated. Enjoy year-round comfort with refrigerated air and updated windows that enhance energy efficiency and natural light.
Step outside and take in amazing views of El Paso and the majestic El Paso Mountains, a rare find in this storied neighborhood. The property also includes a detached garage and an unfinished basement—perfect for storage or future expansion.
Located in one of the city's most sought-after historic districts, this home offers the perfect balance of charm, modern updates, and breathtaking scenery.
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| Feb 15, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017