6532 Royal Ridge 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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Feb 26, 2025 | In contract | - | |
| In contract | |||
| Feb 19, 2025 | Listed by Panda Pal Property Management | $395,000 | |
| Listed by Panda Pal Property Management | |||
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Come see this exquisite home located on a quiet street in the highly desirable Ridgeview Estates on El Paso's west side! This 1 story home features approximately 2249 SQFT of living space, 3 nice size bedrooms, 2 car garage renovated bathrooms with marble countertops, modern light fixtures, shutters throughout, an open floor plan, tall ceilings, private backyard, refrigerated air, and an abundance of natural light! This home is a must see! Make your apointment before this property is gone! **Listing may be subject to errors, omissions or changes without notice. All are instructed to verify all information independently prior to taking any action.**
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| Oct 18, 2018 | Sold | ||
| Sold | |||
| Sep 14, 2018 | Listed by Coldwell Banker Heritage R E | $239,900 | |
| Listed by Coldwell Banker Heritage R E | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017