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8208 PARKLAND Drive
About This Property
Conveniently located near El Paso International Airport, shopping centers, restaurants, and everyday essentials, this home offers easy access to everything you need. Whether you're a first-time homebuyer, looking to downsize,, this renovated home is ready for its next owner. Don't miss the opportunity to make it yours! Verify Schools
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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 17, 2026 | Listed by Better Homes and Gardens Real Estate Elevate | $305,000 | |
| Listed by Better Homes and Gardens Real Estate Elevate | |||
| Jul 29, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Listed by Jatin Jariwala | $160,000 | |
| Listed by Jatin Jariwala | |||
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Investor opportunity! This 3-bedroom, 2-bath home offers 1,712 sq. ft. of living space and is ideal for investors, flippers, or buyers seeking a value-add project.
The property features a 2-car garage and a storage shed in the backyard, providing additional storage or workspace. The home is in distressed condition and will require repairs and updates, making it suitable for renovation or rental repositioning.
Property is being sold as-is. No repairs will be made by the seller. Buyer to perform their own due diligence.
Whether you're looking for your next investment property or renovation project, this home presents an opportunity in the El Paso market.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017