720 Downer 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%.
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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 |
|---|---|---|---|
| Feb 14, 2020 | Sold | ||
| Sold | |||
| Aug 30, 2019 | Listed by BHG Masiello Hanover | $524,900 | |
| Listed by BHG Masiello Hanover | |||
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Your own private 20 acre lake with its own rustic waterfront cabin! This beautiful contemporary, built it 2010, has 4,332 sf of open, finished space. The great room has a cathedral ceiling, skylights and a wall of glass looking towards the water. This main level space combines kitchen, dining and living. The large brick fireplace creates a natural divider and is the centerpiece of this wonderful gathering space. A large master with en suite and laundry is one entire wing of the main level. The other wing has two bedrooms, a full bath and access to the two car attached garage. Both wings have their own screened balconies. The lower level is nicely finished with tile flooring throughout. Walls of windows and a set of glass doors let in great light and allow access to a lower patio. This space is broken up into four rooms, including the large central room below the great room. These rooms work for a multitude of uses. Home gym, bunk room, media room, craft room or game room, there are endless options! There is also a detached garage at the lower portion of drive, near the road. The parcel is 46 acres total, including wide trails for all types of outdoor fun. There is conserved land to the rear and Downer Forest nearby. Wonderful lakeside fire pit! The cabin on the lake has a nice stone fireplace, a large deck and docks. Located minutes from exit 2 off RT 89. Do not miss seeing this beautiful property! Please do not enter driveway! house is not visible from road.
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| Apr 14, 2017 | Sold | ||
| Sold | |||
| Dec 6, 2016 | Listed by Four Seasons Sotheby's Int'l Realty | $399,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017