5708 Elkton Way
About This Property
Located in a prime area, you'll have quick access to major roads, with the railroad taking you to Loop 375 in just 3 minutes and Hondo Pass connecting you to Hwy 54. Despite the ease of access, this home is nestled in a tranquil neighborhood, providing the perfect balance of convenience and serenity.
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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 |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Jan 6, 2025 | Listed by Home Guide Real Estate LLC | $175,000 | |
| Listed by Home Guide Real Estate LLC | |||
| Apr 22, 2014 | Sold | ||
| Sold | |||
| Nov 1, 2013 | Listed by Sun City Rentals & Realty | $79,950 | |
| Listed by Sun City Rentals & Realty | |||
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This home is located in the Northeast of El Paso, near parks, schools and shopping, and just minutes away from Fort Bliss. Home is Clean and move in ready. Features include a storage shed in back! Don't Miss this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017