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12809 W OLD BALTIMORE ROAD
About This Property
One of the largest designs in the area with 6,111 total square feet. Five large bedrooms, plus an office. A master suite that you simply will not believe; it alone is nearly 1000sqft with a two sided gas fireplace serving the sitting room and the two-person soaking tub.
With 9' ceilings on the main and lower levels, 10' ceilings in the family room, tray and vaulted ceilings in the master, a soaring 20' foyer, and more than 30 oversized windows; this house lives in light. Backing directly to 75 acres of parkland with views over Little Seneca Creek with breathtaking summer sunsets over the hills and trees.
Just 4 minutes to Milestone Shopping Center and the Clarksburg Premium Outlets; 5 minutes to Wegman's and I-270 at either Clarksburg Rd or Ridge Rd. Two minutes from Black Hill Regional Park.
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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 Clarksburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017