87 Downey Rd
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Sep 25, 2023 | In contract | - | |
| In contract | |||
| Sep 7, 2023 | Price Decreased |
$510,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Aug 29, 2023 | Listed by eXp Realty | $525,000 | |
| Listed by eXp Realty | |||
| | |||
|
OPEN HOUSE (9/24/23) IS CANCELLED!!! Welcome to your dream home in a sought-after neighborhood on the Abington line! This 4-bedroom, 2-full-bath front-to-back split boasts both style and function. Enjoy cozy nights by the fireplace, relish the convenience of a new kitchen, and revel in the beauty of hardwood flooring throughout. The finished basement offers the potential for a teen suite, providing flexible living space to suit your needs. Step outside to discover a new fire pit, perfect for outdoor gatherings. And with solar panels, you'll not only be saving energy but also embracing a sustainable lifestyle. This property is the epitome of comfort, elegance, and modern living.
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| Jul 19, 2023 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017