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1357 Davis Street
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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | Listed by Re/Max of Chico | $255,000 | |
| Listed by Re/Max of Chico | |||
| | |||
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Calling all savvy investors! This incredible property offers not just one, but two separate units on a single lot, making it a fantastic opportunity to grow your real estate portfolio. Whether you're looking to rent out both units for a steady stream of income or prefer to live in one while leasing the other, this property gives you the flexibility to maximize your investment. The main unit boasts lightly painted walls, ceiling fans throughout, a spacious living area perfect for relaxing or entertaining and a well-sized kitchen that features ample cabinet space and a gas range, ideal for home cooking. This unit also includes 2 comfortable bedrooms 1 bathroom and the convenience of indoor laundry making everyday living even easier. The back unit, with a little vision and some sweat equity, has incredible potential to become a charming and functional living space. It features 1 bedroom, 1 bathroom, room for a cozy living area and a kitchen that is made for the everyday chef. Both units benefit from thoughtfully designed outdoor spaces, offering seating areas perfect for summer barbecues, as well as storage sheds to accommodate all your gardening tools and outdoor essentials. The property is fully fenced, ensuring privacy and security for both units. If you’re looking for an excellent income-generating property with the potential to increase in value, this is the opportunity you’ve been waiting for. Don’t let this investment slip through your fingers!
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| Oct 8, 2019 | Sold | ||
| Sold | |||
| Apr 8, 2019 | Listed by Coldwell Banker/DuFour | $265,000 | |
| Listed by Coldwell Banker/DuFour | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017