2820 Downing Drive
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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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by RE/MAX Premier | $440,000 | |
| Listed by RE/MAX Premier | |||
| Jun 19, 2019 | Sold | ||
| Sold | |||
| Apr 25, 2019 | Listed by All City Real Estate, Ltd. Co. | $285,000 | |
| Listed by All City Real Estate, Ltd. Co. | |||
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Immaculately kept and Updated 3 bed 2 bath home is situated perfectly in Plano near Parker & Independence. Updates include Engineered Hardwood floors throughout, Plantation Shutters, Skylight, granite countertops including bathrooms with new toilets, updated tiles '16, new brushed nickel faucets and all fixtures, ceiling fan in every bedroom, new outlets & 150 AMP Main Breaker replaced 2014,Garage door mechanism 2019, carpet '14, custom Shelving in Living area '15. French drains & new sod '18, New 30 year Roof '16 with 5 year labor warranty, Gutters '16, 50 GAL Water heater '2014, 18-Seer 4 Ton AC system installed '14, Foundation repair competed in 2019 with lifetime transferable warranty! Will Not Last!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017