112 IRONMASTER DRIVE
About This Property
This home has been thoughtfully renovated and is an excellent choice for those purchasing their first house or for families just beginning to grow. With three bedrooms and two full bathrooms, it feels spacious and modern, much like a model home. The walk-out basement provides room for customization, including space for more bedrooms, rough-ins for a third bathroom, and laundry hookups complete with washer and dryer. On the main floor, you'll find a sleekly upgraded kitchen featuring luxury vinyl plank flooring, up-to-date appliances, and access to a deck ideal for relaxing outdoors. Inside, there's a generous living room, a contemporary hallway bath, and a primary suite that boasts a closet and private bathroom. Two extra bedrooms add flexibility. Throughout the property, recent improvements include new floors, a striking kitchen with luxury vinyl plank, stainless steel appliances, fresh paintwork, and brand-new carpeting. Step outside to enjoy a flat, well-kept yard offering stunning views, along with a driveway that fits several vehicles. All of this sits in a highly convenient location. You'll be close to hiking trails at Catoctin Mountain Park, local vineyards and orchards, and the lively atmosphere of Thurmont's Main Street-putting you right where you want to be. Here's your chance to purchase a home in one of Maryland's most picturesque communities. Book a viewing today and make this inviting property your own!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017