69 Downing Road
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 30, 2021 | Sold | ||
| Sold | |||
| Oct 16, 2020 | Listed by K. Fortuna Realty, Inc. | $399,900 | |
| Listed by K. Fortuna Realty, Inc. | |||
| Oct 14, 2020 | No longer available | - | |
| No longer available | |||
| Apr 27, 2020 | Listed by K FORTUNA REALTY INC. WF | $369,000 | |
| Listed by K FORTUNA REALTY INC. WF | |||
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Spacious, contemporary with natural lighting and wood burning fireplace with insert on almost 3 private acres. Cathedral ceilings with open floor plan. Upper level has roomy master suite, lower level walk in sunroom leading to mother in law suite. Lower and first level are being renovated. Large deck partially wraps around house, excellent for entertaining. Detached four car garage has walk in huge space for storage. Spring fed pond with catfish, sunfish, turtles and perch. The manager has listed the unit size as 3798 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017