8115 Tierra Verde Drive
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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 6, 2016 | Sold | ||
| Sold | |||
| Jul 11, 2016 | Listed by El Paso United Realty | $66,900 | |
| Listed by El Paso United Realty | |||
| Jul 13, 2011 | Listed by El Paso United Realty | $86,800 | |
| Listed by El Paso United Realty | |||
| | |||
|
Excellent Location & Opportunity! Pending remodeling. Remodeled price is 86,800 or will sell in AS IS condition for only $60,000. Great investment or great home to live in... your choice. Owner Finance with No Qualifying! Has 2BR, 1BA and plenty of room to enlarge or enclose!
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| Jun 30, 2011 | Listed by El Paso United Realty | $85,000 | |
| Listed by El Paso United Realty | |||
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Great investment opportunity!!! $85,000 AS IS!!! or $138,800 renovated.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017