4 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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Dec 1, 2024 | In contract | - | |
| In contract | |||
| Nov 16, 2024 | Relisted | $125,000 | |
| Relisted | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by Duston Leddy Real Estate | $325,000 | |
| Listed by Duston Leddy Real Estate | |||
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"Available again due to financing falling through." Experience the ultimate retreat with this rare opportunity to own a waterfront home on a level lot, nestled in nature’s sanctuary. Situated on Downing Pond, a serene 54-acre body of water fed by the Merrymeeting River as it meanders toward Lake Winnipesaukee, this property offers a tranquil escape surrounded by wildlife. Enjoy days of fishing or kayaking right from your doorstep. Perfectly located in New Hampshire’s Lakes Region, this home provides easy access to Lake Winnipesaukee, Gunstock Mountain, and nearby shopping, dining, and grocery options. Inside, the home boasts rustic charm with warm pine walls and ceilings, and unique cross-cut tree countertops in the kitchen and bar. Multiple entertaining areas feature stunning pond views, from the dining room to the family room with its inviting wood stove. Upstairs, you'll find ample storage space with windows and skylights, offering potential for future expansion. Outside, sliding doors open to a covered porch, waterside deck, and a spacious backyard with potential for a firepit ideal for relaxation and outdoor enjoyment. This two-bedroom, low-maintenance home is ready to be your perfect pondside getaway or permanent residence. Book your showing today! Financing "CASH ONLY"
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017