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12423 GEMSTONE DRIVE
About This Property
Located in the Hagers Crossing community, this home offers 4 bedrooms, 3 full baths, and an attached 2-car garage. The open main-level floor plan provides a natural flow between the living room, dining area, and kitchen, with luxury vinyl plank flooring extending throughout the living areas and hallways. A main-level bedroom and full bath offer flexible space for guests, a home office, or other uses.
Upstairs, a generous loft area provides additional living space with flexibility for a family room, playroom, home office, or sitting area. The primary bedroom features an attached full bath with a generously sized vanity and walk-in shower. Two additional carpeted bedrooms, another full bath, and a convenient upper-level laundry room complete this level.
With a flexible floor plan, multiple living areas, and a main-level bedroom and full bath, this home offers space to accommodate a variety of needs.
OPEN HOUSE: Sunday, October 11th from 1:00-3:00PM
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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 Hagerstown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017