500 Ridgemont Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Sep 6, 2025 | In contract | - | |
| In contract | |||
| Aug 27, 2025 | Listed by Dream Work Realty | $259,900 | |
| Listed by Dream Work Realty | |||
| |||
|
Location + Views! Breathtaking mountain & city views await at this charming 4-bed ranch-style home just off Sunland Park tucked away in El Paso's westside coveted 79912 neighborhood. Savor Texas' big blue sky from a park-like backyard with lush green grass, a large patio, & privacy fence, with no backyard neighbors. Features a cheerful eat-in galley kitchen, nice neutral colors throughout. Upgrade with newer windows, roof, refrigerated AC, sprinklers, whole-house water filtration, water softener, electrical, water heater, & dishwasher. 1-car garage, side storage, rear gate, & potential RV parking. Move-in ready & very clean, this home offers easy I-10 access, near Target, shopping, & restaurants. Don't miss this Westside gem at a great price point. Open House this weekend, join us!
| |||
| Aug 1, 2017 | Sold | ||
| Sold | |||
| Jun 17, 2017 | Listed by PPR-Real Estate Investment Ser | $154,000 | |
| Listed by PPR-Real Estate Investment Ser | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017