119 Downey Road
About This Property
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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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Listed by Lamacchia Realty, Inc. | $485,900 | |
| Listed by Lamacchia Realty, Inc. | |||
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Buyers were unable to get financing. It's your lucky day! Living room, featuring a cozy wood burning fireplace. The space opens to the dining area, which seamlessly connects & is perfect for all your gatherings. Kitchen is complete w/ a gas range & exterior access to the back deck – the perfect place for enjoying your morning coffee! 3 bedrooms each w/ closets for all your storage needs. Completing this level is a convenient full bathroom just off the hallway. The lower level offers endless potential to be transformed - bring your ideas! Young roof & heat system & central A/C throughout for year-round comfort. Freshly painted, ADT exterior video monitoring system. Quick closing preferred. Great commuter location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017