3503 GARNET Drive
About This Property
Ample 3 bedrooms, 2 bath, a workshop and storage space, located on the North-East side of El Paso. Walking distance to Edgar Park Elementary School Easy access to I-54 and Ft. Bliss. Property has newly updated bathrooms and kitchen as well as new flooring and new paint throughout. Great back yard with additional storage in the back.
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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 |
|---|---|---|---|
| May 25, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by Hiett & Associatees | $175,000 | |
| Listed by Hiett & Associatees | |||
| Oct 10, 2020 | No longer available | - | |
| No longer available | |||
| Sep 22, 2020 | Listed | $165,000 | |
| Listed | |||
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Lovely home to enjoy a phenomenal scenery view of the city. Located at the wonderful and quiet Park Foothills neighborhood. Conveniently located walking distance to Edgar Park Elementary School. Along Magnetic Street and close to Hercules Avenue for a fast and easy access to US-54, Loop 375, and Spur 601. This Charming home features 3 bedrooms, 2 baths, a gorgeous living room, you would be delighted with your furry friends at the spacious backyard with extra storage. Call today to schedule your showing! The manager has listed the unit size as 1334 square feet.
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| Aug 11, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017