55 DOWNING LN
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 30, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Better Homes and Gardens Real Estate Maturo | $650,000 | |
| Listed by Better Homes and Gardens Real Estate Maturo | |||
| Jul 24, 2015 | Sold | ||
| Sold | |||
| Apr 30, 2015 | Listed by Weichert Realtors-Medford | $460,000 | |
| Listed by Weichert Realtors-Medford | |||
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This exquisite four bedroom, two and half bath home, is nestled in the desirable community of Estates at Main St. Enjoy outdoor entertaining on this beautifully maintained lot boasting an above-ground pool, a large treks deck, and a lovely three-seasons room looking over the private fenced in backyard equipped with a shed and sprinkler system. There is plenty of room for the entertainment to spill indoors as well with lovely dining and living rooms adorned with elegant crown molding. The gourmet kitchen features gleaming cherry wood cabinetry, brand-new granite countertops, with a tumbled marble backsplash, stainless steel appliances including a brand-new dishwasher and a spacious breakfast area. The large family room is a perfect place to get cozy in front of the splendid stone fireplace on cold winter nights and watch a movie or have game nights. The first floor study gives you the privacy and convenience of working from home. After a long day of work, retire to your master suite and rejuvenate in your spa oasis master bath, soak in your garden tub, then relax in your private sitting room before your turn in for the night. The home has three more generous sized bedrooms all with ceiling fans for your comfort. The fourth bedroom is currently being used as an upstairs laundry room, which can be relocated in the first floor laundry at the buyers request. The freshly painted, spacious basement has plenty of space for a game room and a separate room for additional storage. This home, also, features tastefully updated bathrooms, a new front door, which accents the home beautifully and newer garage doors. This home comes with all the bells and whistles you come to want in your home and is move in ready!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017