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8156 Sharp Road
About This Property
This home is equipped with 22 fully paid-off solar panels, providing energy savings, a new roof, and refrigerated air to keep you cool during hot El Paso summers.
The low-maintenance exterior is fully paved with cement surrounding the home. The walled backyard and fenced-in front yard provide privacy and security, with ample space to park up to three cars inside the gated front yard.
Conveniently located near the Border Highway, this home offers easy access to major roads, shopping, and dining. Don't miss this versatile, move-in-ready home with plenty of possibilities!
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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 |
|---|---|---|---|
| Apr 8, 2025 | Sold | ||
| Sold | |||
| Feb 22, 2025 | In contract | - | |
| In contract | |||
| Feb 15, 2025 | Listed by JPAR EP (869) | $150,000 | |
| Listed by JPAR EP (869) | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017