711 DOWNING CT
About This Property
Buyers are to do their due diligence. This is an as is sale . Seller will not make any repairs. Buyer is responsible for all inspections and for the CO.
The hot water heater need to be replaced, clothes dryer doesn't work and there is no refrigerator. There was a small leak in the pantry due to roof issues. The roof has been replace
All utilities are turned off. Buyer is responsible for having utilities turned on for inspections.
Do not lock dead bolt. Only lock bottom lock!!
Multiple offers. Calling for highest and best by Friday October 6th
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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 |
|---|---|---|---|
| Jan 3, 2024 | Sold | ||
| Sold | |||
| Oct 20, 2023 | In contract | - | |
| In contract | |||
| Oct 8, 2023 | Price Decreased |
$155,000
↓ $8K
(4.9%) | |
| Price Decreased | |||
| Sep 13, 2023 | Listed by Keller Williams Cornerstone Realty | $162,900 | |
| Listed by Keller Williams Cornerstone Realty | |||
Property Highlights
Building Info
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017