$187,000
●
House -
Off Market
305 Corte Rimini Way
El Paso, TX 79932
3 Beds
2 Baths
$276,498
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Exceptionally appealing with great curb appeal coupled with a
fabulous interior floor plan. Situated on a small cul de sac
and located in the picturesque Upper Valley in a masterfully
planned, low traffic neighborhood. The open, inviting floor plan
features high ceilings in the living areas and an infusion of
natural light streaming into the home. The kitchen has an abundance
of custom cabinetry and generous counter space--it also features
the popular concept of being open to the family room. The
formal living room has arches that open onto the foyer and the
family room while the formal dining has close access to the
kitchen. The family room has vaulted ceilings, an attractive
fireplace and clerestory windows. The large Master Suite is
zoned from the other two bedrooms and features a luxury Bath to
include solid surface counters, double sinks, a jetted tub and
separate shower. Nicely landscaped front and rear yards. The
rear yard faces north and offers beautiful mountain views.
Unit Size
-
Days on Market
55 days
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$532
HOA Dues
$80
Year Built
2007
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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: 5 months ago (GEPAR MLS #816257)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2019 | Sold | ||
| Sold | |||
| Sep 28, 2019 | Listed by RE/MAX Real Estate Experts Group CLOSED | $188,895 | |
| Listed by RE/MAX Real Estate Experts Group CLOSED | |||
| Jan 25, 2012 | Sold | ||
| Sold | |||
| Jun 1, 2011 | Listed by Coldwell Banker Legacy | $169,900 | |
| Listed by Coldwell Banker Legacy | |||
| | |||
|
Nice one-story, three-bedroom, two-bath home on a cul-de-sac lot. Welcoming vaulted entryway. Cathedral-ceilinged living area with cozy fireplace and built-in niche for a large-screen TV. Kitchen has ample cabinets and counter space, and opens to an eating area overlooking the backyard. Attractive pendant light fixtures and ceiling fans throughout. Generous-sized backyard with covered patio and a nice view of the mountains.
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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HOA + Taxes
About Valley Creek North
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Listed by: Stephen Michael Carvalho, RE/MAX Real Estate Experts Group CLOSED
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 816257
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: 5 months ago
Data Source: GEPAR, MLS# 816257
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