1858 DOWNS AVE
About This Property
Wake up each morning to awe-inspiring sunrises and drift off to sleep each night with the tranquil sounds of nature. It's situated in a friendly community just minutes from Center City and conveniences.
This home has so many excellent amenities. A well-designed open floor plan with lots of natural lighting. Enter into the stunning foyer that takes you into the living room, dining room, and eat-in-kitchen. Maple cabinetry, kitchen granite countertop, contemporary tile bathrooms, ensuite glass shower, and Canadian hardwood flooring throughout the house. Double french-doors take you into a breathtaking family room with cathedral ceilings. This glass enclosed spacious room overlooks your lake with an outside wraparound veranda. Downstairs offers a laundry room and office space or bonus room. A brand new septic system has just been installed. Security systems, outdoor lighting, and a long private driveway are all part of this incredible package. Property also has the possibility of sub-division. This house has unmatched excellence throughout the property.
Take advantage of this buying opportunity to purchase truly a one-of-a-kind, outdoor paradise with picturesque waterfront views. Live your dream of owning a waterfront property. Schedule your showing today!
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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, 2022 | Sold | ||
| Sold | |||
| Mar 19, 2022 | Listed by Your Home Sold Guaranteed, Nancy Kowalik Group | $538,900 | |
| Listed by Your Home Sold Guaranteed, Nancy Kowalik Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017