3163 Red Orchard Drive
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 |
|---|---|---|---|
| Jul 7, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Listed by Home Guide Real Estate LLC | $285,000 | |
| Listed by Home Guide Real Estate LLC | |||
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Step into this immaculate home located in the highly desirable Ventanas community right in the heart of El Paso's Far East! This move-in-ready residence boasts stunning front and backyard landscaping, perfect for outdoor entertaining or relaxing evenings. Featuring 3 spacious bedrooms and 2 full baths, this well-maintained home includes tile flooring throughout the living room, hallway, dining area, and kitchen—ideal for low-maintenance living. The separate laundry room and attached double garage add convenience and extra storage space. Just minutes from Loop 375, shopping centers, schools, and only about 20 minutes to Ft. Bliss, this location is unbeatable.
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| Nov 7, 2022 | Sold | ||
| Sold | |||
| Sep 3, 2022 | Listed by SV REALTY | $255,000 | |
| Listed by SV REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017