6850 Downing Road #44
About This Property
The manager has listed the unit size as 1440 square feet.
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Cap Rate Calculator
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 2, 2023 | No longer available | - | |
| No longer available | |||
| Sep 19, 2023 | Price Decreased |
$79,900
↓ $15K
(15.9%) | |
| Price Decreased | |||
| Aug 16, 2023 | Relisted | $95,000 | |
| Relisted | |||
| Aug 7, 2023 | In contract | - | |
| In contract | |||
| Jul 29, 2023 | Price Decreased |
$95,000
↓ $10K
(9.5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/05/2024
|
3 Bed
|
2 Bath
|
1296 ft²
|
$100,000
3 Bed
2 Bath
1296 ft²
|
-
-
|
Torrey Deardorff
Coldwell Banker Pro West R.E.
| |
|
04/14/2024
|
2 Bed
|
1 Bath
|
686 ft²
|
$67,000
2 Bed
1 Bath
686 ft²
|
-
-
|
Katherine J Weston
John L. Scott Medford
| |
|
02/08/2024
|
2 Bed
|
1 Bath
|
784 ft²
|
$59,500
2 Bed
1 Bath
784 ft²
|
-
-
|
Susan Clemmons
RE/MAX Integrity
| |
|
01/19/2024
|
3 Bed
|
2 Bath
|
1440 ft²
|
$85,000
3 Bed
2 Bath
1440 ft²
|
-
-
|
Ada Sanchez
RE/MAX Integrity
| |
|
08/08/2023
|
2 Bed
|
1.5 Bath
|
924 ft²
|
$85,000
2 Bed
1.5 Bath
924 ft²
|
-
-
|
Linda Frazier
John L. Scott Medford
| |
|
05/29/2023
|
3 Bed
|
2 Bath
|
1440 ft²
|
$115,000
3 Bed
2 Bath
1440 ft²
|
-
-
|
Rachel M White
eXp Realty, LLC
| |
|
04/28/2023
|
2 Bed
|
2 Bath
|
924 ft²
|
$74,900
2 Bed
2 Bath
924 ft²
|
-
-
|
Zach Macormic
Finish Line Real Estate LLC
| |
|
05/20/2023
|
2 Bed
|
2 Bath
|
1152 ft²
|
$120,000
2 Bed
2 Bath
1152 ft²
|
-
-
|
Vicki L Macormic
Finish Line Real Estate LLC
| |
|
02/24/2023
|
2 Bed
|
2 Bath
|
938 ft²
|
$100,000
2 Bed
2 Bath
938 ft²
|
-
-
|
Ruben Salazar
Keller Williams - Medford
| |
|
01/25/2022
|
3 Bed
|
2 Bath
|
1215 ft²
|
$105,000
3 Bed
2 Bath
1215 ft²
|
-
-
|
Matt Misener
RE/MAX Integrity
| |
|
07/30/2021
|
2 Bed
|
1 Bath
|
784 ft²
|
$75,000
2 Bed
1 Bath
784 ft²
|
-
-
|
Alan Frazier
John L. Scott Medford
| |
|
08/13/2019
| |
3 Bed
|
2 Bath
|
1440 ft²
|
$56,900
3 Bed
2 Bath
1440 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017