4309 RIDGECREST Drive
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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 |
|---|---|---|---|
| Feb 2, 2024 | Sold | ||
| Sold | |||
| Nov 3, 2023 | Listed by Zip Line Realty, LLC | $599,000 | |
| Listed by Zip Line Realty, LLC | |||
| Mar 22, 2022 | Sold | ||
| Sold | |||
| Feb 18, 2022 | Listed by Keller Williams Realty -FM | $399,999 | |
| Listed by Keller Williams Realty -FM | |||
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This stunning 4 bedroom/4 bathroom home in the highly desirable Ridgecrest Estates neighborhood is a must see! Step into the spacious open floor plan that provides an excellent space for entertaining family and friends on a Friday night or brunch on a Sunday morning, and the ample amount of windows in the room also allow access to stunning views. Move into the primary suite with office space attached and private fireplace and take notice of the relaxing en-suite bathroom that even has your own personal sauna! Don't forget to check out the backyard with fantastic mountain and city views and a sparkling pool to enjoy on those warm El Paso days. Located just minutes from shopping, dining, entertainment and Fort Bliss; don't hesitate to stop by and fall in love at your own risk!
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| May 31, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017