12215 OLD FREDERICK RD
About This Property
This property is an animal lover's dream, with two pole barns and split rail fencing across the vast land, perfect for those wishing to keep livestock or pets in a picturesque setting. The acreage invites endless outdoor activities and the joy of rural living, enhanced by breathtaking sunsets and expansive mountain views. Located conveniently in Thurmont, the home balances rural charm with accessibility to local amenities. It's an ideal spot for those desiring a life closer to nature, whether it's caring for animals, exploring the outdoors, or simply soaking in the peaceful landscape. Embrace the simplicity and potential of this family home, offering a slice of country living with the comforts of a warm and inviting space.
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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