23 Downing Rd
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by eXp Realty | $759,999 | |
| Listed by eXp Realty | |||
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Oh so nice! Redesigned and remodeled with creative modern and sleek design. Approach the front door and hear the relaxing sounds of the water fountain in the lanai. Step inside the foyer, there is a home office/ third bedroom. the music room off the kitchen, where the music group, THREE SECOND CHANCES, wrote the theme song, WHEN THE TREE GOES UP, for the 2023 HALLMARK MOVIE, LETTERS TO SANTA. Modern kitchen is equipped with wall oven, cooktop, dishwasher, and the BEST pantry, you will fall in love. There are 2 more livingrooms off the kitchen, a gas/wood fireplace which leads to a private serene yard which includes deck, weber grill, hot tub, gazebo and BOCCE court. Primary bedroom has a built in coffee bar, spa bathroom and walk in closet. Irrigation system is on well water. House is propane gas, central air and main bathroom has heated floor.
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| Jul 28, 2010 | Listed by MACK Realty Group | $455,000 | |
| Listed by MACK Realty Group | |||
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A home right out of ARCHITECTURAL DIGEST! Remodeled in 2007, Plumbing, heating and air conditioning, electrical, windows,are just a few of the updates this amazing home has to offer. The finely tuned, open and flowing floor plan graces hardwood floors and gas fireplace and joins a heated and air conditioned sun room which introduces you to a yard with fruit trees, perenials, a bocce court and deck.Master bedroom has a convenient wet bar with heated tile floors in master bath and walk in closet.
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| Oct 19, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017