12 DOWNS 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%.
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 |
|---|---|---|---|
| Jun 15, 2026 | Sold | ||
| Sold | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Listed by HomeSmart First Advantage Realty | $545,000 | |
| Listed by HomeSmart First Advantage Realty | |||
| Aug 27, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2021 | Listed by Keller Williams Realty - Washington Township | $421,000 | |
| Listed by Keller Williams Realty - Washington Township | |||
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This 2 Story Colonial home features 5 Bedrooms, 4 Full Baths with over 3300 spacious square feet of above-ground living, plus a Fully finished Basement. As you enter this home through its’ Beautiful 2 Story foyer you will find a formal living room, dining room, the main level bedroom (perfect for an in-law suite), a large eat-in kitchen with a center island for food prep and serving. The kitchen also has upgraded cabinets, a new Luxury Vinyl Waterproof floor, and sliding doors leading outdoors. Off from the kitchen, there is a spacious step-down family room complete with a gas fireplace and leads to the laundry room. Through the sizeable laundry room, you have access to the double-car garage. There are also surround sound speakers which are throughout this level. This is a wonderful feature when entertaining; you can have background music playing throughout as you mingle with your guest from room to room. Make your way upstairs to a lavish Master Suite which includes a full sitting room, a double-sided walk-in closet, and an Ensuite master bath which includes a double shower and a corner Jacuzzi tub with jets for your relaxation and massage purposes. You will find three additional bedrooms and another bathroom on this upper level. The basement extends your space for entertainment as it features a kitchenette/wet bar with a beverage cooler, an icemaker, sitting area, game area, exercise room, bathroom, a Study, and a separate surround sound system. It’s like having another living quarters in your own basement. If that’s not enough, exit out the basement door and up the exterior steps to a huge backyard where you can have multiple activities going on all at the same time! If you are desiring to live in a Beautiful quiet neighborhood and in a lovely home, then Welcome to your Dream Home! Your family and friends will enjoy many years of wonderful times in this well-maintained home. Last but not least, it is conveniently located near Routes 55 and 47 with easy access to Rowan University, local shopping, restaurants, shore points, and Philadelphia.
As a point of information, the roof and Air Conditioner are 2 years old, hot water heater is 5 years old and Solar Panels were installed in Oct. 2019 on the rear roof and are on a 20-year lease.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017