4128 DOWNING ST
About This Property
The main level greets you with a warm and inviting atmosphere, featuring three bedrooms and two full baths, providing ample space for relaxation and privacy. The updated kitchen, adorned with granite countertops, spacious island, and 42" cabinets, is a chef's delight, seamlessly flowing into the open floor plan living areas, perfect for entertaining guests or enjoying family gatherings around the wood-burning fireplace.
Descend to the lower level to discover two additional bedrooms and one full bathroom, along with a beautifully finished basement offering versatility for recreation, work, or relaxation (with another wood-burning fireplace!). The lower level also houses the laundry area and two expansive storage rooms, ensuring plenty of space for all your needs.
Step outside to the backyard oasis, where tranquility awaits among lush greenery and a fully fenced yard, providing both privacy and a safe haven for outdoor activities. Enjoy evenings by the firepit on the patio. The 240 sqft shed is perfect for added storage or creative pursuits.
Convenience is key, with modern amenities including updated recessed lighting, hardwood floors, and a gas range. Recent upgrades such as a brand-new HVAC system with a transferable warranty (replaced in March 2024), a 50-gallon water heater (replaced two years ago), and a washer and dryer (replaced in November 2020) ensure comfort and peace of mind for years to come.
Located mere minutes from two shopping centers, a plethora of dining options, and the community pool, this home offers the perfect blend of suburban tranquility and urban convenience. Easy access to major thoroughfares such as I-395 and I-495 makes commuting a breeze, while nearby attractions like Pinecrest Golf Course cater to leisurely pursuits.
With its ideal location, modern updates, and abundant living space, 4128 Downing St presents a rare opportunity to embrace the best of Annandale living. Don't miss your chance to make this your forever 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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About Annandale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017