2865 DOWNING Street
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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%.
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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 |
|---|---|---|---|
| May 2, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2023 | Listed by AGNES ANN WALLACE, BROKER | $349,000 | |
| Listed by AGNES ANN WALLACE, BROKER | |||
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LOCATION, LOCATION, LOCATION. Priced under $350,000 in Avondale. This character bungalow is not short on period features like crown molding and gleaming hardwood floors. Bright, sunny living room is spacious enough for a small sectional and flows seamlessly into the dining room. Large cooks kitchen includes a bank of cabinets providing lots of storage and an eat-at peninsular. Laundry stack conveniently hidden behind louvered doors. Updated features include tankless water heater and Nest Thermostat. Primary bedroom is very large and has a fitted, walk-in closet. 360 ft detached space. Iron pipes replaced 2024, electrical to code, painted 2021. Recently appraised. Move in ready.
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| Jun 3, 2019 | Sold | ||
| Sold | |||
| Aug 31, 2018 | Listed by UNITED REAL ESTATE GALLERY | $223,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
| Apr 13, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017