3411 MEMPHIS 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 19, 2026 | In contract | - | |
| In contract | |||
| Oct 8, 2026 | Price Decreased |
$229,900
↓ $12K
(5%) | |
| Price Decreased | |||
| Sep 7, 2026 | Listed by The Real Estate Power Houses | $242,000 | |
| Listed by The Real Estate Power Houses | |||
| Jul 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 27, 2025 | Listed by The Real Estate Power Houses | $229,000 | |
| Listed by The Real Estate Power Houses | |||
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This Charming remodeled one-story home features 3 bedrooms and 2 updated baths, showcasing modern colors and finishes throughout. The open and inviting layout offers comfort and style, with refrigerated air to keep you cool year-round. Enjoy a nice-sized, low-maintenance backyard perfect for relaxing or entertaining, complete with a handy storage shed. Ideally located in central El Paso, this home combines convenience, comfort, and great value.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017