5714 Over Downs Drive
About This Property
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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 |
|---|---|---|---|
| Sep 1, 2021 | Sold | ||
| Sold | |||
| May 8, 2021 | Listed by Allie Beth Allman & Assoc. | $1,200,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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This renovated Mid-Century modern home will take your breath away. Situated 75 yards off the street, the property has amazing creek views on a heavily treed lot. The home features high ceilings, over sized rooms, and natural light with gorgeous views from every room. The kitchen boasts carrera marble counters, center island, and lots of storage. Downstairs primary suite has a sitting area and the bath has a spa like feel with free standing tub and a large walk in closet. The entire flow of the downstairs and wall of windows is perfect for entertaining. Shopping and dining are conveniently located as you are steps away from Preston Royal shopping center and a short drive to Preston Center. This won't last long!
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| Oct 4, 2020 | No longer available | - | |
| No longer available | |||
| Aug 18, 2020 | Listed | $1,150,000 | |
| Listed | |||
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This renovated Mid-Century modern home will take your breath away. Situated 75 yards off the street, the property has amazing creek views on a heavily treed lot. The home features high ceilings, over sized rooms, and natural light with gorgeous views from almost every room. The kitchen boasts carrera marble counters, a center island, and lots of storage. Downstairs master suite has a sitting area and the bath has a spa like feel with free standing tub and a large walk in closet. The entire flow of the downstairs and wall of windows is perfect for entertaining. Shopping and dining are conveniently located steps from Preston Royal shopping center and a short drive to Preston Center. The manager has listed the unit size as 3642 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017