7302 Hannon 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%.
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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 |
|---|---|---|---|
| Nov 17, 2020 | Sold | ||
| Sold | |||
| Jun 4, 2020 | Listed by Bankers Investment Group Inc. | $799,999 | |
| Listed by Bankers Investment Group Inc. | |||
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Beautiful upgraded home "On The Island" in North Downey. Located in a very quite neighborhood close to good schools, major freeways, only minutes away from DTLA and the newly renovated Treasure Island Park. This upgraded home offers an updated open concept kitchen /living room with brand new appliances, quartz counter tops and an open space leading to the formal living room and a large family room with a beautiful fireplace. The home offers a separate room that is being used a music room and can be used as an office or study room. The possibilities are endless. Roof and HVAC were replaced two years ago. Attached garage with a private entrance to the main house, updated bathrooms and washer/dryer located conveniently inside the house. This home also offers a very private back yard. Come make this beautiful home yours.
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| Mar 31, 2018 | Sold | ||
| Sold | |||
| Jan 25, 2018 | Listed by C-21 Astro | $599,900 | |
| Listed by C-21 Astro | |||
Property Highlights
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About Downey
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017