6220 DAMASCUS ROAD
About This Property
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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 |
|---|---|---|---|
| Dec 26, 2024 | Sold | ||
| Sold | |||
| Dec 5, 2024 | Listed by RE/MAX Realty Services | $849,900 | |
| Listed by RE/MAX Realty Services | |||
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Welcome to Paradise! Set on 10 sprawling, level, acres in a charming equestrian and agricultural community, this delightful country home offers a perfect blend of comfort and rustic elegance. Key Features include: wraparound porch with spectacular views of the countryside, hardwood floors, two wood burning fireplaces, convenient main-floor bedroom, full bath, and laundry. Oversized two-car, side-entry garage and a 20x25 Pole Barn, Suitable for a Variety of Uses. This home is move-in ready and just waiting for you to add your personal touch! Located in the highly sought-after Damascus High School district, this property offers a peaceful rural setting while being conveniently close to major destinations like Damascus, Olney, and Mount Airy and it's centrally located between Annapolis, Washington D.C., Baltimore, and Frederick. This is a must-see home that combines tranquility, convenience, timeless charm and the ability to farm! Don’t miss your chance to make this idyllic property your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017