9 Downing Ave
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 |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Oct 21, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by RE/MAX Connections | $350,000 | |
| Listed by RE/MAX Connections | |||
| | |||
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Welcome to this charming split ranch home where the city meets the mountains, offering a perfect blend of modern convenience and natural beauty. This delightful 3-bedroom residence features an open floor plan that seamlessly connects the living spaces, providing a welcoming atmosphere for both relaxation and entertainment. Enjoy breathtaking views from the deck off the living room or the smaller deck off the kitchen, perfect for morning coffee or evening sunsets. The home boasts a finished basement, complete with a separate laundry area, and a convenient 2-car garage. Recent updates include vinyl siding and windows from 2023, new gutters, and two updated rooms with new flooring. The wood-burning fireplace adds a cozy touch, while smart home features like Nest, Google Home, smart locks, garage doors, lighting, and thermostat enhance your living experience. A spacious backyard a front yard are prepped for landscaping, ensuring ample outdoor space. Come see your new home!
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| Dec 31, 2012 | Sold | ||
| Sold | |||
| Feb 29, 2012 | Listed by RE/MAX Connections | $174,900 | |
| Listed by RE/MAX Connections | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017