48
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704 MCKELLIGON Drive
About This Property
Designed for both everyday living and entertaining, the home includes a warm entertainment room with a bar and fireplace, a private library, and a dedicated laundry area. Fantastic yard and courtyard surrounded by mature pecan and palm trees, offering a peaceful and private setting. Detached, air-conditioned living space in the back makes a great work-from-home office, zoom room, she-shed, mancave or kids play house. Rare for Kern 2.5 garage. Easy walk to Mesita Elementary, UTEP, Albertsons or Cincinnati Entertainment district.
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Cap Rate Calculator
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 9, 2026 | Price Decreased |
$649,500
↓ $26K
(3.8%) | |
| Price Decreased | |||
| Oct 9, 2026 | Relisted | $675,000 | |
| Relisted | |||
| Oct 7, 2026 | Price Increased |
$675,000
↑ $36K
(5.6%) | |
| Price Increased | |||
| Oct 7, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Sep 26, 2026 | Price Decreased |
$639,000
↓ $11K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017