704 LAKESHORE Drive
About This Property
THE GREAT ROOM HAS A FIREPLACE AND HIGH CEILINGS, AND DOORS TO THE PATIO.THE BEAUTIFUL DEN IS LINED WITH BOOKSHELVES AND WINDOWS TO THE OUTDOORS. ENJOY PREPARING MEALS IN YOUR CHEERY KITCHEN WITH VIEWS TO THE FRONT, WITH LOTS OF CABINETS AND COUNTER SPACE (CORIAN) , EVEN THE PICKIEST COOK WILL LOVE IT. THERE ARE OUTDOOR SEATING AREAS THROUGHOUT, MANY PLACES TO ENJOY THE GREEN LANDSCAPE, AND BEAUTY OF THE VALLEY.
OWNER FINANCING AVAILABLE!
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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 |
|---|---|---|---|
| Sep 22, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Aug 16, 2025 | Listed by Century 21 The Edge | $399,995 | |
| Listed by Century 21 The Edge | |||
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Lakeside Patio Home in El Paso's Tennis West
Serenity, style, and recreation await in this 3-bedroom patio home located directly on the lake in the sought-after Tennis West community. Enjoy peaceful water views, abundant wildlife, and access by optional membership to the Tennis & Pickleball Club with pool, plus an upscale lakeside restaurant and bar open to the public. Inside, an open floor plan and multiple sliding glass doors connect seamlessly to outdoor living. The large kitchen offers upgraded appliances and a charming serving window to the patio. Two living areas, a tucked-away wet bar, and an inviting courtyard add both charm and versatility. Upstairs is reserved for the private primary suite, complete with fireplace, soaking tub, double vanities, and a balcony that feels like a treehouse overlooking the lake. Roof replaced 3 years ago. Thoughtful updates throughout enhance daily comfort while preserving the home's original character.
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| Aug 14, 2020 | Sold | ||
| Sold | |||
| Feb 5, 2020 | Listed by Coldwell Banker Legacy | $219,500 | |
| Listed by Coldwell Banker Legacy | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017