3922 Downey 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 |
|---|---|---|---|
| Dec 10, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Listed by UTR TEXAS, REALTORS | $235,000 | |
| Listed by UTR TEXAS, REALTORS | |||
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Lovely, restored and remodeled 1950's home nestled on over 1 acre of country living! You're immediately welcomed by original shiplap walls accentuating the living room and pristine wood vinyl planked floors. Continuing through this charming home, you'll notice spacious closets, two full bathrooms and a huge laundry room. Completing the open kitchen are dual-toned cabinetry, white appliances that convey, and solid wood butcher block counters. Enjoy the hushed peacefulness from your partially wooded backyard mosquito-free, under the enclosed back patio or relaxing by your own deep pond. Also out back, you'll notice the large shed perfect for storage or a crafting studio! Completing the home is a newer central A/C, recent 420ft deep well with 4” casing. Home did NOT flood in Harvey, per seller. Don't miss out on the 360 Virtual Tour link too!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017