23
Map
881 Damask Street NE
About This Property
Large living area features newer tile in modern brick pattern and leads to Formal Dining Room adjoining the newer Kitchen featuring granite countertops, white shaker cabinets and stainless steel appliances. Beyond the Breakfast Bar for stools is a large Breakfast Eat-In room. Sliders from 3 rooms lead to a huge Florida Room with window ac for year round comfort.
Large Master with walk in closet, updated bathroom and sliders to the ;arge Florida Room.
Wood deck out back, mature landscaping, protected storage area. Ample parking with 1 car garage (washer/dryer and sink are in garage), PLUS 1 car carport with paved driveway to the right.
HVAC system is less than 3 years old
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 16, 2025 | Sold | ||
| Sold | |||
| Dec 31, 2024 | In contract | - | |
| In contract | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Dec 19, 2024 | Price Increased |
$270,000
↑ $5K
(1.9%) | |
| Price Increased | |||
| Dec 4, 2024 | Price Decreased |
$265,000
↓ $10K
(3.6%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017