9255 Downey Avenue
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 |
|---|---|---|---|
| Sep 10, 2018 | No longer available | - | |
| No longer available | |||
| Sep 7, 2018 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed | $799,000 | |
| Listed | |||
| | |||
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Location, Location, Location. This 3 Bedroom 2.5 Bath 1925 square foot home is situated in a Premier North Downey million dollar neighborhood. This property has a huge 12,400 square foot lot , RV access and extra parking. The upside potential of this home is spectacular. The huge backyard and front yard offer nearly unlimited potential. If you are looking for a home with great schools, great location and amazing potential this is the perfect home. The manager has listed the unit size as 1925 square feet.
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| Jun 6, 2018 | Listed by California Freedom Real Estate | $799,000 | |
| Listed by California Freedom Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017