651 Downing Street
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 |
|---|---|---|---|
| Jun 24, 2022 | Sold | ||
| Sold | |||
| Apr 21, 2022 | Listed by Baird & Warner | $447,800 | |
| Listed by Baird & Warner | |||
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**IN GROUND SWIMMING POOL** 2 tier deck, with new pump system for the pool. The inside is an amazing renovation from top to bottom. Forrester style home with 4 bedrooms 2.5 baths. Main floor vaulted ceilings in Living Room and Formal Dining Room. Gorgeous eat in kitchen w/granite counter tops and SS appliances. Family room with fireplace and sliding doors to deck. Master bedroom has full private bath that is simply gorgeous with soaker tub and separate shower. The Garage has a brand new overhead door. Roof 2021. Partial Unfinished basement. Perfect home for entertaining! Just a few blocks away from every restaurant and store imaginable!
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| Jan 4, 2022 | Sold | ||
| Sold | |||
| Nov 24, 2021 | Listed by RE/MAX 1st Service | $349,898 | |
| Listed by RE/MAX 1st Service | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017