10809 Offley Avenue
About This Property
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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%.
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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 26, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $499,900 | |
| Listed | |||
| | |||
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Welcome to 10809 Offley Ave, located on a tree lined cul-de-sac street in Downey. This bungalow style single level has been upgraded with many updates within the last six months including PAID FOR SOLAR. The common area is spacious for this size home, connecting the living room to the kitchen through the dining space. The home has been painted completely inside for a bright, fresh look and feel. Refinished original hardwoods carry throughout the home, enhancing the living space with their natural blonde colors. Sitting by the brick fireplace adds warmth and character to the living room. The bathroom has been upgraded with rich earthy tones, and accommodates well. Dual pane windows allow light into the home, while restricting heat and noise. Completing the package would be a newer HVAC system, and the backyard has plenty of room to play, relax, or entertain. The manager has listed the unit size as 1020 square feet.
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| Jul 31, 2017 | Listed by First Team Real Estate | $499,900 | |
| Listed by First Team Real Estate | |||
Property Highlights
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About Downey
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017