421 DOWNS DR
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2017 | Sold | ||
| Sold | |||
| Apr 19, 2017 | Listed by Keller Williams Realty - Cherry Hill | $430,000 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
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Welcome to 421 Downs Drive! Situated in the sought-after Woodcrest neighborhood, this stunning home is just waiting for you to unpack your bags. Step into the foyer, where you'll find the formal dining room to your left. The gorgeous hardwood floors continue back into the living room, which has a fireplace for you to snuggle in front of. Continue into the gourmet kitchen, which features granite counters, stainless steel appliances, ceramic tile floor, custom tile backsplash, and tons of cabinets. Just off the kitchen is the recently-renovated mudroom, with new cabinets, granite counters and additional pantry space. A bright and sunny breakfast area leads into the spacious family room. The open layout of the first floor makes this home ideal for entertaining. Step outside onto the deck and continue into the backyard, where you'll be hosting BBQs this summer. Back inside, the sumptuous master suite is on the second floor, and boasts a huge walk-in closet/dressing room and a new master bathroom. Three additional bedrooms, two full baths and a second laundry area complete the second floor. Located just a mile from 295, within walking distance to the elementary school and close to shopping and restaurants, this home has tons to offer. Don't delay, schedule your showing of 421 Downs Drive today!
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| May 30, 2014 | Sold | ||
| Sold | |||
| Jan 7, 2014 | Listed by BHHS Fox & Roach-Cherry Hill | $437,000 | |
| Listed by BHHS Fox & Roach-Cherry Hill | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017