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9710 DAMASCUS DRIVE
About This Property
Move-in ready, beautifully updated, and full of space to grow-9710 Damascus Dr is the kind of home that makes homeownership especially exciting.
The remodeled kitchen is the heart of the home, featuring a large center island, double wall oven, cooktop, stainless steel appliances, abundant cabinetry, and updated lighting. Professionally refinished hardwood floors add warmth throughout the open living and dining areas. With 3 bedrooms, 1.5 baths, and a partially finished basement, there is flexible space for a home office, recreation room, gym, or future projects. The walkout basement entrance was newly rebuilt with concrete block walls, rebar reinforcement, and poured concrete.
Outside, the covered deck overlooks a spacious fenced backyard with mature trees and a storage shed-ideal for entertaining, gardening, pets, or simply enjoying your own outdoor space.
Major improvements include a new roof and water heater in 2024, remodeled full bathroom, new interior railing, ceiling fans throughout, and an updated front entrance with new railings, stone steps, and walkway. Conveniently located near I-66, Sudley Road, Ben Lomond Park, shopping, dining, and commuter routes.
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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.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017