16627 Downing St
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 |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | Listed by Redfin Corporation | $659,000 | |
| Listed by Redfin Corporation | |||
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Welcome to this beautiful home in the North Creek Farms community of Thornton, boasting stunning mountain views and backing to a neighborhood walking trail! As you enter, you're greeted by a front office room with double doors and large windows, perfect for soaking up sunshine while you work. The large main open living area features high ceilings, an open floor plan, and a cozy gas fireplace, creating an inviting atmosphere for gatherings. The kitchen is a chef's dream with double ovens, granite countertops, stainless steel appliances, and a large kitchen island for meal prep or casual dining. The adjacent dining area offers easy access to the patio, ideal for enjoying outdoor meals or hosting BBQs. Upstairs, the primary bedroom awaits with a spacious private en-suite bath, providing a tranquil retreat after a long day. Two additional bedrooms and another full bath offer ample additional space, and the convenience of an upstairs laundry room with washer and dryer included. The basement adds even more living space with a recreation room or family room, an additional bedroom, and a 3/4 bath, perfect for entertaining or accommodating guests. Enjoy updated bathrooms throughout, along with the convenience of a 3-car attached garage and a large fully fenced backyard with a patio, providing plenty of space for outdoor enjoyment. This home also features energy-saving solar panels (must be transferred and assumed), offering sustainability and cost savings. Plus, with low HOA fees of only $95 per quarter, you'll enjoy added affordability. Located in a fantastic location with quick access to I-25 and C-470, and within walking distance to the Larkridge shopping center featuring Costco, Home Depot, and numerous restaurants, this home offers the perfect blend of convenience and comfort!
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| Feb 17, 2023 | Sold | ||
| Sold | |||
| Jun 3, 2020 | Sold | ||
| Sold | |||
| Jan 4, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017