3308 Tularosa Avenue
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 29, 2025 | Sold | ||
| Sold | |||
| Sep 24, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Price Decreased |
$269,900
↓ $20K
(6.9%) | |
| Price Decreased | |||
| Jun 13, 2025 | Listed by JPAR EP (869) | $290,000 | |
| Listed by JPAR EP (869) | |||
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LOCATION, LOCATION LOCATION! Great investment opportunity in central El Paso.
Welcome to your next smart investment! This three-unit multifamily property offers excellent cash flow potential in a prime location. Whether you're a seasoned investor or just starting your real estate journey, this property is a must-see! Property Highlights:
The main home offers 1,030 sq ft of upgraded living space, featuring an open floor plan, two cozy bedrooms, and a renovated bathroom. Adjacent to the main home is a studio (approx. 300 sq ft) with a bedroom, bathroom, and kitchen. Additionally, there is a spacious secondary unit (approx. 620 sq ft) with two bedrooms, 1 bathroom, and kitchen. Located just minutes from the vibrant 5 Points district, this property offers strong rental potential with easy access to shopping, dining, and public transportation.
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| Oct 6, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017