4 DOWNING LANE
About This Property
4 Downing Lane has undergone extensive updates, making it a true showcase of modern living. Upon entering the stunning foyer, you'll be greeted with a tremendous amount of light flowing through the home. 2-story high ceilings. To your right, you will find a spectacular living room and to your left is a spacious living room with a fireplace for cozy nights. As you explore further, a beautifully redesigned state-of-the-art kitchen, an elegant dining room, and a sunlit sunroom, creating a harmonious and open living space perfect for both daily living and entertaining. Stunning, rich hardwood flooring. A grand staircase leads you to the second floor, where you'll find four generously-sized bedrooms, each offering its unique charm, along with a newly remodeled hallway bathroom. The true eye-catching piece is the expansive primary bedroom, featuring a luxurious en-suite bathroom, two walk-in closets, and a cozy fireplace-a true retreat for relaxation. Completing this remarkable property is an expansive walk-out basement, offering boundless possibilities for customization and expansion, adding significant square footage to this already spacious home. This exceptional home offers a blend of comfort, style and convenience in a picturesque setting. With its spacious layout, beautiful features, and prime location, this home is perfect place to call your own! This lot offers a tremendous amount of privacy and peacefulness. Beagle Club in Voorhees, NJ is located in a highly rated school district. Great location to shopping, dining, and is also convenient to major roadways with easy access to cities and the Jersey shore. Magnificent and stunning home!
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017