52
Map
113 HUTTON STREET
About This Property
The main level features refinished hardwood floors, an updated kitchen, recessed lighting, new light switches, crown molding, updated window blinds, and a new thermostat. Major improvements include a new roof installed in 2023, along with updated electrical and plumbing.
The fully updated basement adds valuable flexible living space and includes a full bathroom. Two additional basement rooms offer versatility for a home office, recreation area, guest space, or other uses, providing the potential for a 5-bedroom configuration depending on the buyer's needs and applicable requirements.
Outside, enjoy an expansive backyard and a generous driveway with parking for up to six vehicles. With numerous updates already completed and plenty of flexible space throughout, this home offers a great combination of functionality, comfort, and opportunity.
Schedule your showing and come see all that 113 Hutton St has to offer!
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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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About Gaithersburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017