1217 DOWNS DRIVE
About This Property
Downstairs, more surprises await. A full in-law suite includes two bedrooms, a renovated full bathroom, and a completely equipped second kitchen. You'll also enjoy the expansive family/recreation room with a wood-burning fireplace. Finally, there's a spacious laundry room, complete with a laundry sink and extra room for all your storage needs. Prefer laundry on the main level? No problem-additional hookups are conveniently nestled in a closet upstairs. This fantastic home is ideally located in the Springbrook school district, and just steps from MLK Recreational Park. There are also many local shopping and dining options nearby, and access to commuter routes such as Rte-29, I-495, and the ICC is a breeze. Make this your new home today!
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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%.
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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.
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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 | |||
| Apr 18, 2024 | Listed by RE/MAX Realty Services | $645,000 | |
| Listed by RE/MAX Realty Services | |||
| | |||
|
Welcome to 1217 Downs Drive, a light-filled, turn-key home featuring five bedrooms, three full baths, and over 3,000 square feet of beautiful living space! Step inside the inviting double front doors and you’ll find a sun-drenched haven. The living and dining rooms are wonderful spaces for both everyday use and formal entertaining. Enjoy cooking in the gourmet eat-in kitchen featuring granite countertops, maple cabinetry, and stainless steel appliances. The breakfast nook with a bay window is the perfect place to start the day. Adjacent, the spacious family room offers tranquil views of the verdant yard, complete with an enchanting outdoor fireplace and access to a sprawling deck, perfect for al fresco relaxation and entertainment. Need a quiet workspace? There’s a terrific and private main-level office to suit your needs. Continue down the hall to find an awesome primary suite with a huge sitting room, dual closets, and a private en-suite bath. Two additional bedrooms and a renovated hall bathroom complete this level.
Downstairs, more surprises await. A full in-law suite includes two bedrooms, a renovated full bathroom, and a completely equipped second kitchen. You’ll also enjoy the expansive family/recreation room with a wood-burning fireplace. Finally, there’s a spacious laundry room, complete with a laundry sink and extra room for all your storage needs. Prefer laundry on the main level? No problem—additional hookups are conveniently nestled in a closet upstairs. This fantastic home is ideally located in the Springbrook school district, and just steps from MLK Recreational Park. There are also many local shopping and dining options nearby, and access to commuter routes such as Rte-29, I-495, and the ICC is a breeze. Make this your new home today!
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| Dec 20, 2011 | Sold | ||
| Sold | |||
| Jun 22, 2011 | Sold | ||
| Sold | |||
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About White Oak
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017