629 Downing Drive
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 |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Sep 2, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by Compass RE Texas, LLC. | $380,000 | |
| Listed by Compass RE Texas, LLC. | |||
| Sep 18, 2019 | Sold | ||
| Sold | |||
| Jul 11, 2019 | Listed by Keller Williams Central | $249,900 | |
| Listed by Keller Williams Central | |||
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MOTIVATED SELLER! Seller will consider all reasonable offers! PRIDE OF OWNERSHIP! Charming three bedrooms, 1.5 bath in sought after Richardson Heights! Beautiful wood floors in living room, dining, hallway and bedrooms! Spacious living room with large window for that natural light. Kitchen and breakfast nook with slate flooring. Gas cooktop. Storm Windows & Doors. CF's. Separate laundry room. Huge backyard with wood fence. Put your personal touches on this well cared for home and make it your own! Great location & community – close to neighborhood park, restaurants, shopping and Alamo Drafthouse!
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Property Highlights
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About Richardson Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017