24305 KAKAE DR
About This Property
Welcome to 24305 Kakae Dr! This spacious home is situated on a lush .81 acre lot on a peaceful cul-de-sac in desirable Damascus. Enjoy 4 bedrooms and 2.5 bathrooms with an attached 4 car garage. The main level has formal living and dining rooms with wood flooring throughout. The living room features a cozy brick wood burning fireplace and floor to ceiling built-in shelving. The eat-in kitchen includes custom cabinetry including a large pantry and work station. The kitchen has access to the huge 4 car garage. The family room has a vaulted beamed ceiling and wall to wall windows with views of the backyard and letting in tons of natural light. The family room leads out to the back patio and yard ideal for entertaining. The upper bedroom level includes 4 beds and 2 baths. The primary suite has double closets and an ensuite bath. The secondary bedrooms are all well-appointed and share a full bath. The lower level includes a rec room with built-in bar and walk-up to the yard. There is also a large storage/utility and laundry room as well. Ideally located within minutes to shopping, restaurants, and public transit. This home offers tons of potential for someone to make it their own! Schedule your showing today!
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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%.
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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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Listed by Long & Foster Real Estate, Inc. | $500,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017