7010 CERRO NEGRO Drive
About This Property
The home features 2 living areas as well as 2 eating areas. The breakfast room has a nice bay window. Large newer windows face the front of the house letting in lots of natural light. Beams & a fireplace highlight the family room. Primary bedroom is large
& has access to back patio. Big backyard with desert landscaping and some turf. Plenty of room for outdoor fun and entertainment. A 10 X 12 shed remains allowing for extra storage in addition to the 2 car garage. Location is so convenient to shopping, restaurants, schools & highway. New water filtration system & water softener as well as the washer/dryer are negotiable. Refrigerator remains. Don't miss out on this gem.
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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 |
|---|---|---|---|
| Oct 25, 2022 | Sold | ||
| Sold | |||
| Oct 6, 2022 | Listed by The Real Estate Power Houses | $250,000 | |
| Listed by The Real Estate Power Houses | |||
| Jul 6, 2018 | Sold | ||
| Sold | |||
| May 20, 2018 | Listed by RE/MAX Real Estate Experts | $162,950 | |
| Listed by RE/MAX Real Estate Experts | |||
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Three Bedroom home that boasts new windows with a 9 year warranty. New Garage doors with openers. Freshly painted inside and out. Hardwood laminate in living and dining rooms. New tile in kitchen, entryway , and bathrooms. Kitchen has solid surface counter tops with integrated double sink and large picture window which provides a lot of natural lighting. Hallway bathroom has large linen closet and new vanity. Maid's room with walk-in closet makes a great office/study. Master bedroom has access to back porch along with walk-in closet and shelving. Large backyard with covered patio, perfect for entertaining. Close to shopping, dining and schools in West El Paso. A great place to call home.
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| Oct 24, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017