10587 Danbury Avenue
About This Property
With approximately 1,400 sq. ft. of living space on a generous 7,200 sq. ft. lot, the home features space on the west side for potential RV parking. Inside, you'll find fresh interior paint, recessed lighting, vaulted ceilings, and an open floor plan that creates a bright, inviting atmosphere. The master bedroom includes its own private bathroom, and both full bathrooms offer a shower and tub. Central HVAC ensures year round comfort, and each bedroom has ceiling fans for added convenience.
The exterior has been recently painted, and the backyard boasts mature fruit trees, providing both shade and fresh seasonal harvests.
Recent sales in the area have exceeded $600,000, making this home attractively priced at $539,900. Located near the freeway and within 2 miles of gyms, shopping centers, banks, and grocery stores, this property offers the perfect blend of comfort, value, and location.
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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 10, 2025 | Sold | ||
| Sold | |||
| Aug 7, 2025 | Listed by eHomes | $539,900 | |
| Listed by eHomes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017