1523 Downing Avenue
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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Oct 27, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Re/Max of Chico | $485,000 | |
| Listed by Re/Max of Chico | |||
| | |||
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Lovely to look at, delightful to live in! This decorator’s delight truly has it all. From being located close to many local conveniences, amazing curb appeal to its sparkling in-ground pool. You will fall in love with this property at every turn. Take a step inside to find tile floors, gorgeous floor to ceiling windows letting in ample amount of sunlight and a spacious formal living area with a perfectly positioned fireplace. Any chef will be pleased with this fully equipped kitchen. It offers granite countertops, elegant dark wood cabinetry, stainless steel appliances, an electric range and a nicely sized breakfast bar that is made to enjoy those quick bites. The primary bedroom is truly a relaxation paradise with its private access to the backyard, walk-in closet and en suite bath featuring a large shower. Other amenities include a separate dining and family area with a built-in hutch, ceiling fans throughout, plantation shutters, spacious guest bedrooms, an attached 2 car garage, owned solar and much more! The backyard itself has its own long list of amenities such as a covered patio space for barbeques, an in-ground pool, a storage shed for your gardening tools, mature landscaping lining the fence and the perfect amount of lawn space for outdoor activities. Located next to schools, shopping, Bidwell Park and easy access to Hwy 99, Chico is at your fingertips. This home has everything you could ever want. Do not let this opportunity pass you by!
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| Oct 14, 2019 | Sold | ||
| Sold | |||
| Jun 18, 2019 | Listed by Century 21 Select Real Estate, Inc. | $375,000 | |
| Listed by Century 21 Select Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017