3318 DOUGLAS Avenue
About This Property
Beautiful 1950's home in the heart of El Paso.
An amazing full front porch, a large living and dining room in the front of the house with hardwood floors, true to the era of the home. Beautiful fireplace area and hearth (the chimney is closed off).
The back porch was enclosed many years ago to create an office space or second bedroom.
Access to the one bathroom from master bedroom and the office/second bedroom.
Alley access with lots of parking in the rear, or room for future expansion or garden.
Galley style kitchen with large pantry. Kitchen leads to a utility room with washer and dryer connections and room for storage.
Currently leased through 28 Jan 2022.
Buyer should verify Schools
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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 |
|---|---|---|---|
| Aug 25, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | Listed by Sierra Realty TX LLC | $115,000 | |
| Listed by Sierra Realty TX LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017