613 Queretaro Drive
About This Property
Discover this inviting one-story, 4-bedroom, 2-bathroom home located in the highly sought-after west side of El Paso, Texas. Featuring two spacious living areas and a cozy fireplace, this home offers ample room for relaxation and entertaining. The kitchen is beautifully upgraded with granite countertops, perfect for home chefs and gatherings alike. Tile flooring throughout adds elegance and is easy to maintain (no carpet!).
Step outside to enjoy a large, fenced backyard ideal for outdoor activities and pets. This home also offers access to AT&T fiber internet, ensuring high-speed connectivity for work or play. As a unique bonus, this property comes with an assumable loan at a phenomenal 2.25% interest rate, providing a fantastic opportunity for qualified buyers.
Don't miss this rare find-perfect for comfortable living in a prime location that is close to schools, parks, and retail.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017