24312 LOG HOUSE ROAD
About This Property
The backyard is a true standout-a gardener's dream! Enjoy an established garden already producing fruits and vegetables, along with plenty of additional space to expand your gardens, entertain guests, or simply unwind in your own private outdoor retreat.
Lovingly maintained through the years, this home is ready for its next chapter and awaits your personal touches to make it truly your own. Additional features include a partially finished basement with endless possibilities, a one-car attached garage, and a newer roof installed in 2023 for added peace of mind.
Ideally located just minutes from shopping, dining, parks, and major commuter routes, this is a rare opportunity to own a home with space, character, and an incredible backyard in a sought-after location. Don't miss your chance to make it yours!
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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.
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About Damascus
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$2,100 /mo
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$2,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017