24717 SHOWBARN CIRCLE
About This Property
Upstairs, the first level hosts a convenient guest half bath and a relaxing primary suite with a sitting area, walk in closet, and spa like bath. The next level offers three well appointed bedrooms, including a Jack and Jill layout that provides both style and privacy, plus an additional full bath-no morning traffic jams here.
The lower level provides incredible versatility, perfect for a game room, fitness space, or second family room, and includes a cozy wood stove. This level also features a utility/storage room and a separate room with a rough in for a half bath (or a perfect walk-in storage closet), along with walk out access to the backyard.
Step outside and enjoy your own private getaway: a sparkling in ground pool surrounded by paver patio, a tiki bar with water and electric, a pool shed, storage shed, and beautiful landscaping. It's the perfect place to relax, entertain, and make memories.
All of this in a fantastic location-no HOA, Clear Spring Elementary is right in your backyard, and the heart of Damascus is just minutes away for groceries, dining, and, of course, a Jimmie Cone ice cream!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017