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3625 La Luz Avenue
About This Property
The home includes generously sized bedrooms and well-appointed bathrooms, offering flexibility for family, guests, or a home office. Enjoy outdoor living in the large, private backyard - perfect for gatherings, gardening, or relaxing under the El Paso sun.
Conveniently situated near Fort Bliss, schools, parks, shopping, and with easy access to I-10 and Montana Ave, this home offers both comfort and convenience. A wonderful opportunity in a central and established neighborhood!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017