8362 Lubec
About This Property
The open-concept kitchen offers granite countertops, abundant cabinetry, a large pantry, and plenty of storage, along with an additional casual dining area. The adjacent indoor laundry room is conveniently located next to the kitchen and third bathroom.
A standout feature of the home is the large den, filled with character and warmth, showcasing original wood beams and beautiful wood ceiling details. Stunning Pella French doors open to the backyard, while a second wood-burning fireplace creates the perfect setting for relaxing or entertaining.
Throughout the home you'll find beautiful hardwood floors and high-quality Pella windows, many featuring internal blinds for easy maintenance and a clean, modern look.
Step outside to a beautifully designed backyard with gorgeous brick detailing, a built-in in-ground spa with heater and tranquil waterfall feature, and a full sprinkler system servicing both the front and back yards. The front yard trees were recently trimmed, enhancing the home's curb appeal.
Situated on a desirable corner lot, the property includes a detached two-car garage connected by an open breezeway. The driveway offers parking for up to three vehicles, plus dedicated RV parking on the side of the garage with a new double gate for easy access.
Additional features include a step-in tub, numerous linen and storage closets throughout the home, and leased solar for energy efficiency.
Located in a wonderful neighborhood known for its charm and pride of ownership, this North Downey home combines timeless character, thoughtful upgrades, and an unbeatable location.
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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 |
|---|---|---|---|
| May 19, 2026 | Sold | ||
| Sold | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Listed by Redfin Corporation | $1,175,000 | |
| Listed by Redfin Corporation | |||
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About Downey
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017