8605 Downs 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 |
|---|---|---|---|
| Sep 18, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | Listed by Century 21 Novus Realty | $1,100,000 | |
| Listed by Century 21 Novus Realty | |||
| Dec 29, 2022 | No longer available | - | |
| No longer available | |||
| Oct 22, 2022 | Price Decreased |
$1,100,000
↓ $100K
(8.3%) | |
| Price Decreased | |||
| Jul 23, 2022 | Listed by Duffey Commercial Leasing and Management D/B/A Century 21 Novus Realty | $1,200,000 | |
| Listed by Duffey Commercial Leasing and Management D/B/A Century 21 Novus Realty | |||
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Live your best life at this stunning 5-acre estate. This 4-sided brick beauty encompasses every imaginable upgrade. As you enter the front door you will be greeted with a gorgeous chandelier that has a lift for easy cleaning and bulb changing. Just around the corner, the designer kitchen equipped with high-end stainless appliances and a warming drawer awaits the inner chef in you. The oversized owner's suite provides a hideaway paradise with a quaint sitting area and a luxurious master bath with all the bells and whistles including a steam shower. The terrace level is finished to perfection and has an abundance of storage space plus a storm room. The open concept den features a fireplace, built-in entertainment center, and private patio which make it the perfect place to entertain. If you need a sizable in-law suite, look no more. The lower level has its own laundry area and has been plu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017