8640 Damascus Drive
About This Property
'14 New tankless hot water heater
'14 New 5 ton split AC system and all duct work was replaced too! Still under warranty
'14 New tile throughout main living area and bathrooms
'14 New Hurricane rated 2 car garage door
'17 New hurricane rated front door
'15 New hurricane main front window
'15 (2) new sets of hurricane French doors leading to pool
'15 Re-thatched tiki-hut
'17 New Pentair High efficiency pool pump with digital timer built in and filter
'!7 New Pool Heater
'15 lined Half-Court basketball court
'15 (6) car Driveway redone in and additional space added
'17 Walkway to front door and front porch pavers replaced
'16 Outdoor landscaping lighting for front yard installed
'19 House was completely painted in and outside
'17 Roof painted
'18 New rolling car and a half wide gate installed towards the backyard
'16 Washer and dryer were new
'16 New Dishwasher Maytag
'15 New Double Oven
Home is completely wired for interior and exterior sound and surround sound for tv area.
'17 New sprinkler control digital time clock installed in
Pool is 25w by 42L
'14 Upgraded modern vanities in (2) bathrooms
'14 All new toilets installed
'18 New French doors leading into the office
'14 Closest organization systems installed in all 4 closets.
(4) bedrooms (3) full baths + office
'15 New Chandelier and matching entry light from Capital lighting
Wood floors in 2 bedrooms, office and family room area
One room off of the office can be used as a mother in law suite because it has its own bathroom and walk-in closet.
Master has wood floors, walk-in closet, sitting area and French door entry
Entire home has panel Shutters for every window.
The entire backyard fenced.
Avocado Trees fruit every year
Mango Trees Fruit every year
Beautiful Landscaping on the entire property
Sprinkler system was just checked out and adjusted
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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%.
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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 |
|---|---|---|---|
| Jun 27, 2019 | Sold | ||
| Sold | |||
| Feb 8, 2019 | Listed by Sutter & Nugent LLC | $625,000 | |
| Listed by Sutter & Nugent LLC | |||
| Feb 2, 2018 | Sold | ||
| Sold | |||
| Oct 16, 2014 | Sold | ||
| Sold | |||
| Feb 11, 2014 | Listed by The Keyes Company - Stuart | $499,000 | |
| Listed by The Keyes Company - Stuart | |||
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Stunning 4 bedroom/3 bathroom home w/ office and nursery in a gated community. Home has been updated throughout with the finest detail. Home features stainless steel appliances, tile & wood floors, large deep pool & Tiki hut placed on over an acre in equestrian friendly neighborhood. Close to fine shopping and restaurants, nearby access to I-95 and Turnpike. The community amenities include a 5 acre horse park.
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Property Highlights
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About Horseshoe Acres
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017