24833 SHOWBARN CIRCLE
About This Property
Fresh neutral paint, new carpet and updated lighting throughout provide a bright, welcoming feel from the moment you arrive. The spacious eat-in kitchen, formal dining room, and expansive family room addition create the perfect setting for everyday living and entertaining. The oversized owner's suite offers a private bath and a relaxing retreat at the end of the day.
The finished walkout lower level features a cozy fireplace and opens to a beautiful patio overlooking the fenced backyard. Bedroom four, an office space or a gym have a view of the great outdoors and are perfect for this space. A spacious deck provides even more room for outdoor entertaining and enjoying the peaceful setting.
Located in the highly sought-after Damascus school district, you'll also love being just minutes from charming downtown Damascus with its unique shops, local restaurants, and the legendary Jimmie Cone ice cream stand. Experience the warmth of Damascus, Small town feel, with a big town heart.
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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