11240 KINGSTEAD ROAD
About This Property
The expanded kitchen offers a fresh, modern feel with freshly painted cabinets, new hardware, a new backsplash, countertops, and sink, plus four added cabinets for extra storage. You'll also appreciate the 2-year-old appliances, including upgraded refrigerator and dishwasher for improved performance.
Additional upgrades include brand new septic, kitchen, new carpet, fresh paint, and LVP flooring throughout the main level. The upstairs bathroom was fully renovated last year with all-new fixtures & Handy Cap accessible. Other recent improvements include a 2-year-old water heater, newer thermostats, and a well pump replaced 4–5 years ago.
Enjoy added value and peace of mind with leaf-guard gutters and a roof replaced in 2013,
Outside, relax on the private, tree-lined patio-perfect for peaceful mornings or evening gatherings. Enjoy grilling on your patio in complete tranquility. Ample parking is available behind the garage, offering convenience and flexibility for an RV, Boat storage. Water and electric hook ups available.
Conveniently located near shops, parks, and schools-this home is move-in ready. Don't miss this one!
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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 |
|---|---|---|---|
| Mar 11, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Relisted | $550,000 | |
| Relisted | |||
| Jan 2, 2026 | In contract | - | |
| In contract | |||
| Dec 2, 2025 | Price Decreased |
$550,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
Property Highlights
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About Damascus
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017