8081 Downing Dr
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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | Listed by Your Castle Real Estate Inc | $400,000 | |
| Listed by Your Castle Real Estate Inc | |||
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This ranch-style house is ready for a fresh look. In the same family for 62 years, this charming 4-bedroom, 2-bathroom ranch is ideal for first-time buyer, investor, or those seeking a blank canvas to make their own. The property features original hardwood floors in living room and upstairs bedrooms. A spacious living room, semi-finished basement and large backyard with a covered patio and storage shed, and a single car garage. Nestled in a desirable neighborhood with convenient access to Water World, Boondocks, I-25, it's about a 15 minute drive to Downtown Denver. This property awaits your vision to transform it into your dream oasis with endless potential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017