3109 TUNNEL POINT Way
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 |
|---|---|---|---|
| Jan 7, 2019 | No longer available | - | |
| No longer available | |||
| Sep 6, 2018 | Listed | $225,000 | |
| Listed | |||
| | |||
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Custom single level home in Tierra Del Este. Featuring 4 bedrooms, 2.5 bathrooms, 3-car garage and refrigerated air! This spacious home offers high-end finishes such as tile flooring throughout the common areas, skylights, French doors, fireplace, oil-rubbed bronze fixtures and gourmet kitchen. Any chef will love to cook in the open-floorplan kitchen with island & breakfast bar, gas range, granite countertops, stainless steel appliances, pantry and ample cabinetry. The master bedroom offers an en-suite bathroom with double vanity, jetted tub, separate shower and large walk-in closet. This house is perfect for entertaining inside and out with a large covered patio and low-maintenance backyard. Conveniently located near shopping centers, schools and just minutes to Loop 375 & Ft. Bliss, you don't want to miss this one! Also for Lease with Option to Purchase for $1,595/month. Owner financing also available. Call today to view this beauty! The manager has listed the unit size as 2153 square feet.
| |||
| Jul 28, 2016 | Sold | ||
| Sold | |||
| May 9, 2016 | Listed by Future Co., REALTORS | $164,080 | |
| Listed by Future Co., REALTORS | |||
Property Highlights
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Price/ft²
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About El Paso
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Last Updated: 6 months ago
Data Source: GEPAR, MLS# 594272
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