53 Damascus Drive
About This Property
overlook the beautiful, sunken family room! This gorgeous Kitchen offers plenty of custom cabinets, large center island, corian counters, deep dbl SS sink, dbl wall oven, & Large dbl door Monogram series SS fridge. The eating area has plenty of windows with adjustable blinds built ... right in them, to take in the view of the stunning backyard, with gorgeous 2 level, paver patio. Perfect to enjoy the outdoors and relax, and for outdoor BBQ parties! Backyard is fully fenced in with high end PVC fence. Step down from the kitchen, and enjoy the large, sunken family room, perfect for entertaining, with complete surround sound system, Marble gas fireplace, custom cabinetry, and a built in butler bar area tucked away! Second floor boasts all the bedrooms , with 2 fully renovated gorgeous baths, both with custom vanities, and stunning designs! Master bath has high end tile, fixtures, granite, glass tile, soaking tub, and frame-less glass shower door, plus built in linen closets! Now step up into the large master bedroom with 3 closets-plenty of storage space here! Attic Space, and not 1 but 2 attic fans! The finished basement with Humidifier, adds to it all, more space, with separate utility area! Home includes central vacuum, and central monitored security system! Beautiful curb appeal with newer landscaping in both the front and backyard. Updated vinyl siding, and new front paver walkway -This beauty has a lot to offer! Top notch schools, and recreational programs, close to major highways, public transportation, lots of shopping, restaurants, and a short ride to the Jersey Shore Beaches! BONUS...Great common area w/ in-ground POOL and plays-cape area for residents of The Paddock Club only.
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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 25, 2022 | No longer available | - | |
| No longer available | |||
| Mar 12, 2022 | Listed by Manalapan | $725,000 | |
| Listed by Manalapan | |||
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Don't miss your chance to call this GORGOUS home yours! Upon arrival you will notice the beautiful landscaping & welcoming paver walkway. This home has PLENTY of space for everyone! HW flooring runs throughout the spacious living room & directly into the family room that offers built-in cabinetry, surround sound & gorgeous marble fireplace. The large, kitchen features plenty of custom cabinets, large center island, eat-in area & plenty of Corian countertops. The dining room, currently being used as an office features built-in custom cabinets. The master suite is huge & offers plenty of closet space & a stunning bathroom that features beautiful floor to ceiling tile, a soaking tub, separate shower. You have all this & a finished basement for additional living space! Beautifully manicured... The manager has listed the unit size as 2767 square feet.
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| May 31, 2018 | Sold | ||
| Sold | |||
| Feb 24, 2018 | Listed by WildFire Realty, LLC | $609,000 | |
| Listed by WildFire Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017