38
Map
7120 CERRO NEGRO Drive
About This Property
Step inside to a bright and open floor plan that perfectly blends modern convenience with comfortable living. The kitchen is an entertainer's dream, featuring luxurious honed granite countertops paired with warm butcher block surfaces, sleek shaker cabinetry, and an oversized built-in utility cabinetideal as a coffee bar, adult beverage station, or extra storage for your favorite kitchen gadgets.
Luxury vinyl plank (LVP) flooring flows seamlessly throughout the home, adding both style and durability. The bathrooms have been tastefully updated with newer vanities, lighting, and fixtures, creating a fresh, spa-like experience.
This home is truly turnkey and move-in ready, with major upgrades already completed for your peace of mind:
Roof replaced in 2023
New interior and exterior paint in 2025
Double-pane windows installed in 2024
Don't miss your chance to own this thoughtfully updated home in one of El Paso's most sought-after neighborhoods!
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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 29, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Sep 8, 2025 | Listed by Sandy Messer And Associates | $299,000 | |
| Listed by Sandy Messer And Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017