24
Map
1222 DOWNS DRIVE
About This Property
Location is a dream! Situated within walking distance to MLK Park, you have the luxury of enjoying both an indoor and an outdoor pool, along with a plethora of recreational amenities. Commuting is a breeze with easy access to frequent bus routes on New Hampshire Ave and the nearby Glenmont Metro. The home's proximity to Wheaton Regional Park adds to the allure, offering tennis, playgrounds, sports fields, and scenic trails. Award-winning Brookside Gardens is also just moments away. With convenient access to grocery stores, shopping, and a variety of restaurants, this home is the perfect combination of comfort, convenience, and potential. Seize the chance to make this cheerful house your very own dream home!
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Feb 6, 2024 | Sold | ||
| Sold | |||
| Jan 7, 2024 | In contract | - | |
| In contract | |||
| Jan 3, 2024 | Relisted | $525,000 | |
| Relisted | |||
| Dec 25, 2023 | In contract | - | |
| In contract | |||
| Dec 22, 2023 | Listed by RE/MAX Realty Group | $525,000 | |
| Listed by RE/MAX Realty Group | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About White Oak
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,600 /mo
- 3 Beds
- 1 Bath
- 1,134 ft²
$1,650 /mo
- 1 Bed
- 1 Bath
- 701 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017