508 Satellite Drive
About This Property
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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 |
|---|---|---|---|
| Apr 28, 2026 | Sold | ||
| Sold | |||
| Mar 30, 2026 | In contract | - | |
| In contract | |||
| Mar 16, 2026 | Listed by Home Pros Real Estate Group | $479,000 | |
| Listed by Home Pros Real Estate Group | |||
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CUSTOM DESIGNED BY HENRY & HENRY ARCHITECTS FOR A FORMER EL PASO MAYOR! This home features 4bd and 3.5 bath, plus a maids room. Two Living areas and 2 fireplaces, one upstairs and one downstairs. A separate office/Library downstairs. Very private and secluded lavish grounds with views of the Franklin Mountains and City Lights. Remodeled bathrooms, living areas, flooring, fixtures and ceiling fans etc. This home boast Architectural Culture and El Paso's Mid-Century Civic History! Open House Sat. and Sunday!
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| Aug 4, 2021 | Sold | ||
| Sold | |||
| Jun 5, 2021 | Listed by Home Pros Real Estate Group | $347,000 | |
| Listed by Home Pros Real Estate Group | |||
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About Thunderbird
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017