1709 Downing Street
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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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | Listed by R.R.Gable, Inc. | $747,950 | |
| Listed by R.R.Gable, Inc. | |||
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Charming, beautifully remodeled single-story home on a desirable corner lot with an open floor plan. Large living room and sizable master bedroom with easily accessible baths for personal and guest use. 2nd bedroom does not have any closet. Technically a 1 bedroom house. Vaulted ceilings open up the interior for a more spacious feeling. A fireplace in the living area connects to a well laid-out kitchen and dining room. The covered patio and newly renovated wrap-around backyard are perfect for entertainment and outdoor BBQ parties. The garage has a newly built hideaway office space for in-home businesses. The corner lot location provides privacy from busy street traffic and gives a feeling of seclusion to the property. The home has recently been updated with new windows (2020), roof (2021), air conditioning (2022), and all appliances are less than five years old. This home is in a convenient location for shopping and has easy freeway access.
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| May 24, 2019 | Sold | ||
| Sold | |||
| Feb 11, 2019 | Listed by RE/MAX Gold Coast REALTORS | $505,000 | |
| Listed by RE/MAX Gold Coast REALTORS | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017