7017 CERRO NEGRO Drive
About This Property
remodeled 3-bedroom, 2-bath home on El Paso's desirable Westside. This move-in ready property features a brand-new roof, new refrigerated air, and updates throughout. The remodeled kitchen, spacious living areas, and updated bathrooms make this home perfect for comfortable living and entertaining. Conveniently located near schools, shopping, and dining, this home offers both charm and convenience in a prime location
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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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Jan 19, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Price Decreased |
$249,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Dec 31, 2025 | Relisted | $259,000 | |
| Relisted | |||
| Dec 28, 2025 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017