8118 N Loop Drive
About This Property
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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 |
|---|---|---|---|
| Nov 10, 2021 | Sold | ||
| Sold | |||
| Mar 20, 2021 | Listed by Cornerstone Realty | $1,600,000 | |
| Listed by Cornerstone Realty | |||
| Mar 7, 2021 | No longer available | - | |
| No longer available | |||
| Jan 5, 2021 | Listed | $1,600,000 | |
| Listed | |||
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Rarely does a situation present itself to acquire a property on a high-traffic location with a ton of frontage in the heart of El Paso's Lower Valley. Behold this 5.85 acre estate that includes a 13k square foot house, an Olympic size pool and tennis court. Large open area that could accommodate a multitude of different options for future development. Surrounding properties are primarily zoned C1. Verify with El Paso zoning. Large private gate with electronic gated entry and irrigation located on the property as well. The manager has listed the unit size as 13387 square feet.
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| Dec 27, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017