114 W 5TH ST
About This Property
Throughout the house, luxury vinyl plank (LVP) flooring adds both durability and style, creating a seamless flow from room to room. The quaint kitchen is a chef's delight, with counter space and cabinetry, perfect for whipping up delicious meals.
A cute walkway beckons you to explore the spacious backyard, providing plenty of room for outdoor entertaining or simply enjoying the fresh air. Imagine sipping your morning coffee on the patio as you soak in the serene surroundings.
Upstairs, you'll find two bedrooms and one bath, offering comfortable accommodations. Bonus attic space – a versatile retreat that can be transformed into a unique reading nook or meditation space, limited only by your imagination.
The finished basement offers additional living space, perfect for a home office, gym, or recreation room. Convenience is key with a stackable washer and dryer, making laundry a breeze.
Rare for the area, this home also boasts central air conditioning, ensuring year-round comfort in any weather. Located within walking distance to the vibrant city center, you'll enjoy easy access to shops, restaurants, and entertainment venues.
Don't miss your chance to own a piece of Frederick's rich history while enjoying all the modern conveniences this home has to offer. Schedule your showing today and experience the charm of Old Town living firsthand!
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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