5801 Downs Drive
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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 |
|---|---|---|---|
| Jul 14, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by Keller Williams Realty | $315,000 | |
| Listed by Keller Williams Realty | |||
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*MULTIPLE OFFERS RECEIVED -HIGHEST AND BEST DUE MONDAY 6.20 AT 12P* Don't miss your opportunity to own this undeniably cute split bedroom home in the popular Remington Point Subdivision! Enjoy your morning coffee on the spacious front or back patios. Past the large covered front porch, you enter the home to find the substantial formal living and dining rooms which can serve many different functions...buyer's choice! The kitchen overlooks the cozy living room with cornered fireplace and features an abundance of counter space and beautifully stained cabinets. Tucked just off the breakfast room is the large primary suite with ample natural light, dual sinks. separate shower and tub and CUSTOM CLOSET SYSTEM! The substantial covered back patio is perfect for relaxing or entertaining. Features: New garage door serviced recently. Most light fixtures installed within last year. Updated kitchen outlets with USB ports. Replaced roof in 2020. New 5 ton 16 SEER HVAC system replaced in summer 2020.
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| Jun 15, 2022 | No longer available | - | |
| No longer available | |||
| Jun 13, 2022 | Price Decreased |
$329,900
↓ $10K
(3%) | |
| Price Decreased | |||
| Jan 31, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017