102 MASON PL
About This Property
Nestled at the foot of South Mountain, between Hagerstown and Frederick, Boonsboro forms a gateway to relevant colonial and Civil War heritage sites including the National Road, Washington Monument State Park, South Mountain and Antietam National Battlefield. The C&O Canal Towpath and Harpers Ferry Historical Park are only minutes away, and the proximity to the Appalachian Trail makes Boonsboro a welcome respite for hikers.
Boonsboro offers visitors an array of local attractions: a Town Museum featuring historical artifacts, a restored 1902 Trolley Station, a beautiful Park and the Inn BoonsBoro - a historic bed-and-breakfast located on the Square owned by New York Times Bestselling author Nora Roberts. Also nearby are the Crystal Grottos, Big Cork Winery, and Harpers Ferry.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017