34 Downing Road
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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Jul 28, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by RE/MAX 360 | $669,000 | |
| Listed by RE/MAX 360 | |||
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Welcome to this warm and inviting ranch-style home in Peabody’s sought-after Centerville neighborhood! Situated on a 10,000 sq ft lot, the main level features three bedrooms, a beautifully updated full bath, hardwood floors, and a sun-filled living room with a cozy fireplace. The renovated eat-in kitchen offers granite countertops, stainless steel appliances, and a generous island—ideal for gathering. A spacious sunroom just off the kitchen leads to a 12x16 deck overlooking the private backyard. The finished lower level, completed in 2020, includes a stylish bath, laundry, office, and versatile bonus room. Additional highlights include a newer heating system and oil tank. Conveniently located near major highways, shops, restaurants, hospitals, and bike trails.
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| Sep 19, 2019 | Sold | ||
| Sold | |||
| Jul 23, 2019 | Listed by RE/MAX 360 | $385,000 | |
| Listed by RE/MAX 360 | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017