6415 Los Altos Drive
About This Property
El Paso's Designing Duo has done it again with this totally remodeled 2,700 sq.ft. home located on a private cul-de-sac in prestigious Chaparral Park.
Step inside and be greeted by an open concept living area boasting vaulted ceilings, a modern linear fireplace and wood look floors throughout. The gourmet kitchen is adorned with European cabinetry, Quartz countertops, Zline appliances and a charming Breakfast area. There are 5 bedrooms and 3 baths including a primary suite featuring a spa-like ensuite with a Freestanding tub, Double vanity, and a Walk-in closet. Additionally, this home is equipped with 2 new refrigerated air units, New double pane windows, Recessed LED lighting, a 2 car garage with lots of storage space on an oversized 14,000 sq.ft. lot with landscaped front and back yards.
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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 |
|---|---|---|---|
| Mar 4, 2024 | Sold | ||
| Sold | |||
| Jan 18, 2024 | Listed by Mission Real Estate Group | $498,000 | |
| Listed by Mission Real Estate Group | |||
| Jun 17, 2022 | Sold | ||
| Sold | |||
| May 26, 2022 | Listed by Sandy Messer And Associates | $254,900 | |
| Listed by Sandy Messer And Associates | |||
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Sold before listed
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About Bandolero - Tarascas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017