2 DOWNING ST
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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 |
|---|---|---|---|
| Dec 15, 2020 | Sold | ||
| Sold | |||
| Oct 22, 2020 | Listed by Keller Williams Realty - Moorestown | $439,999 | |
| Listed by Keller Williams Realty - Moorestown | |||
| Oct 31, 2016 | Sold | ||
| Sold | |||
| Jun 9, 2016 | Listed by RE/MAX Of Cherry Hill | $379,900 | |
| Listed by RE/MAX Of Cherry Hill | |||
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This gorgeous colonial home has been completely remodeled and finished to perfection with high quality building materials. It was built on a corner lot. It features a spacious floor plan with upgrades throughout. Kitchen has a tile flooring, granite counter tops, back splash, stainless steel appliances and a top of the line cabinetry. All brand new hardwood flooring throughout the first and second floors, custom crown molding throughout the first floor, except the room with a brand new barber carpeting. All interior and exterior doors, all windows and siding are brand new. The enormous Master bedroom features a walk in closet and dressing area, new hardwood flooring and a totally upgraded master bath with all new fixtures, tile flooring and vanity. All remaining bathrooms have been upgraded with new tile flooring, vanity and fixtures. Recessed lights were installed in the kitchen, two living rooms and basement. Newly renovated basement features brand new barber carpeting and a large living area big enough for a pool table or movie theater. All new basement windows let in plenty of natural lighting. Heating and air conditioning systems were replaced with high quality brands and new return ducking system was installed for better heating and cooling purposes. Laundry room features all brand new washer and dryer units; and tile flooring. On the exterior, you will find new vinyl siding, all new roof and entry door; and highly spacious back yard with a new fence. Trees were either uprooted or trimmed, posing no danger to home. Front and back yard were seeded with new grass and topsoil. Highly spacious garage (2 cars) with new garage doors. Plenty of parking space in front (4 cars) and on the street. Property is closely located to the major routes (RT-70, RT-73, HW-295), shopping centers and various banking institutions. School District: Cherry Hill East. High School: Cherry Hill East High School, Middle Schools: Rosa International and Beck Middle Schools, Elementary: Joseph Sharp Elementary, all of which are known for providing high quality of education.
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| Apr 1, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017