28
Map
3550 VANDERVEER Drive
About This Property
The main residence offers 3 bedrooms, 1 bath, and 1,288 sq ft. A detached rear unit adds approximately 550 sq ft with 1 bedroom, 1 bath, a separate entrance, and its own living accommodations.
Based on current rental expectations, the main home may support approximately $1,400 per month and the rear unit approximately $800 per month.
The lot size also offers generous exterior space with room for RV or trailer parking.
Located near expanding residential subdivisions and continued development in this part of El Paso, the property is positioned within an area experiencing active new growth.
Two living spaces on one property with options for owner occupancy, rental use, or a combination of both.
Owner financing available with marginal credit.
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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 29, 2026 | In contract | - | |
| In contract | |||
| Aug 28, 2026 | Price Decreased |
$219,950
↓ $20K
(8.3%) | |
| Price Decreased | |||
| Aug 12, 2026 | Listed by Dolcetto Real Estate LLC | $239,950 | |
| Listed by Dolcetto Real Estate LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017