24 Downing Hill Lane
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 |
|---|---|---|---|
| Oct 13, 2023 | Sold | ||
| Sold | |||
| Mar 10, 2023 | Listed by RE/MAX Central | $2,275,000 | |
| Listed by RE/MAX Central | |||
| Mar 8, 2023 | No longer available | - | |
| No longer available | |||
| Feb 7, 2023 | Price Decreased |
$2,275,000
↓ $125K
(5.2%) | |
| Price Decreased | |||
| Dec 6, 2022 | Listed by Rimos International Inc DBA Re/Max Central | $2,399,999 | |
| Listed by Rimos International Inc DBA Re/Max Central | |||
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Absolutely Stunning 5.8 Acre Colts Neck Estate Home, Nestled on a Private Cul De Sac, Offering Picturesque Views of your own Private Retreat, Fully Fenced, 5 Star Resort-like Backyard Including a Fully Equipped Outdoor Gourmet Kitchen, Inground Gunite Pool + Pool House w/ Kitchenette & Full Bathroom, Private Pond, Horse Barn, and so much more. The Gorgeous 7,000+ Sq ft Main Residence Has Been Completely Rebuilt & Modernized, Sparing No Expenses While Using Only The Highest Quality Materials, with Top Quality Craftsmanship and Incredible Attention to Detail! Enter into the Soaring Two Story Foyer Neutrally Painted w/ Gorgeous Tile Flooring, & Decorative Molding Throughout, Leading to a Spacious Sunken Living Room w/ Coffered Ceilings and Gleaming Brazilian Cherrywood Flooring. The manager has listed the unit size as 7384 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017