11 Damon 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 3, 2019 | Sold | ||
| Sold | |||
| Aug 5, 2018 | Listed by Today Real Estate, Inc. | $375,000 | |
| Listed by Today Real Estate, Inc. | |||
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Don't be fooled by the exterior - this L-shaped ranch is surprisingly spacious! A first floor bedroom and bath make one-floor living a breeze. The lower garden level features three additional bedrooms and full bath (two tubs total!), with convenient access through the walkout basement. High ceilings and an open floor plan capture the sunlight, while the attached deck provides the perfect spot to unwind and grill. Grey's Neck Beach is just down the road, and Dennisport and Harwich Port are close by. Plus, all the systems have been updated – replacement windows, roof, gas furnace, and 4-bedroom septic system. With on-site laundry and an outdoor shower, this charming beach house has everything you'll need for a perfect Cape Cod summer. Enjoy it as-is or update it to your taste!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017