11925 Downey Street
About This Property
No HOA. No restrictions. No MUD. Never flooded. Low taxes. Call to schedule your private showing!
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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 |
|---|---|---|---|
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Sep 30, 2021 | Listed by VAM Real Estate Solutions | $140,000 | |
| Listed by VAM Real Estate Solutions | |||
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Investor Dream House. This house has tons of potential. It was completely rebuilt from studs up in beginning of 2000s from fire damage. It features 2 bedrooms, 1 full bathroom, spacious living room, separate kitchen and covered patio. Roof- 2020. Water Heater- 2021. Located in a prime location. Right off of Hardy Toll Road, 10 minutes from downtown, minutes from I-45, 610 and 59! Dog park right across. Park and Elementary School is just few minutes away. SOLD AS IS! Accepting cash and conventional loans!
No HOA. No restrictions. No MUD. Never flooded. Low taxes. Call to schedule your private showing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017