537 RIDGEMONT Drive
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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 |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| May 26, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Listed by Redfin Corporation | $265,000 | |
| Listed by Redfin Corporation | |||
| Sep 20, 2019 | Sold | ||
| Sold | |||
| Jul 18, 2019 | Listed by RE/MAX Real Estate Experts Group CLOSED | $144,900 | |
| Listed by RE/MAX Real Estate Experts Group CLOSED | |||
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This wonderfully maintained home is located in the heart of West El Paso with a fantastic location! Immediately greeted by the circular drive and nicely appointed landscaping, you'll develop a sense of what's to come... Once inside, there are two generous living spaces divided by the stairwell with beautiful wood flooring. The downstairs master bedroom shares a beautifully remodeled three-quarter bath with granite counter-tops. The updated kitchen is a pure delight with gorgeous cabinetry, solid surface countertops, a breakfast bar, garage and side yard access, and breakfast room with built in buffet as well as double patio doors to the back yard. Upstairs you'll find two nicely appointed bedrooms with vaulted ceilings that share a remodeled full bath-room, linen storage, and additional attic storage! The backyard offers ample space for entertaining with a brick patio, storage building, mature foliage, and access to the additional parking pad beside the home. Refrigerated air and tankless water heater!
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About Crestmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017