8 Downing Dr
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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Humphrey Realty Group, LLC | $1,095,000 | |
| Listed by Humphrey Realty Group, LLC | |||
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Magnificent custom colonial situated on a 2.7 acre retreat lot in beautiful Rosewood Estates. Spacious gourmet kitchen with stainless appliances, large island, granite countertops and is open to the family room with cathedral ceiling and a gas fireplace. Grand two-story foyer, first floor study and formal living room/dining room. The primary suite has cathedral ceilings, sitting area, a luxurious private bath with jacuzzi tub, granite, double sinks, a walk-in closet plus a second full closet. The lower level is finished with an entertainment room with a custom bar, pool table and exercise room plus a bath. Walk-up attic (future space to finish), generator included, irrigation, 2 car garage, pristine landscaping, See floor plan attached.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017