873 CRYSTAL DEER Drive
About This Property
This generously sized lot sits peacefully at the end of a tranquil cul-de-sac, offering a level of privacy and seclusion that is hard to come by. A rare find in this premier community, this sizeable parcel is ready and waiting for your vision to unfold, presenting you with the unique opportunity to build your bespoke residence tailored to your family's specific needs. You'll be ideally positioned to benefit from the local conveniences and larger businesses, including a variety of shopping options. Have the freedom to build your dream home in a coveted location while enjoying all the benefits of living in a dynamic city like El Paso. Begin your next chapter here, at Americas Estates.
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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 10, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by The Real Estate Power Houses | $205,000 | |
| Listed by The Real Estate Power Houses | |||
| May 18, 2021 | Sold | ||
| Sold | |||
| Apr 3, 2021 | Listed by Stanton Realty | $200,000 | |
| Listed by Stanton Realty | |||
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Large corner lot of 19,953 sq ft on cul de sac located in Americas Estate Unit 2. See attachments for map of lot and CCRs. Buyer must acknowledge that they have received copy of CCRs and understand they must abide by CCRs.
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About El Paso
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Last Updated: 5 months ago
Data Source: GEPAR, MLS# 882373
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Phone: 425-283-2930
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