14201 SCHAEFFER ROAD
About This Property
Upgrades include a two story marble foyer, beautiful millwork and molding, roof replaced in 2018, new hardwood floors, granite counters in the kitchen, bidet toilet seats, premium landscaping and marble bath. *****
The main level offers a floor plan that has everything you could ask for! Beautiful formal living and dining rooms, first floor library, step down family room with fireplace open to the kitchen with center island, breakfast nook with slider, powder room, laundry room and a two car attached garage. New hardwood runs through the main level and up to the second level. *****
The upper level has a huge owner suite with walk in closet, marble bath with double vanity and whirlpool tub. The other three secondary bedrooms are a good size and share a hall bath. *****
The finished walkout lower level has the fifth bedroom and a full bath, recreation room and storage area. *****
School assignments are to the highly rated Matsunaga ES, Kingsview MS and Northwest HS. This location right off Richter Farm Road gives you quick and easy access to schools, commuting routes and close to multiple restaurants and shopping areas. Just around the corner is the Germantown Soccer Plex, Splash Park and Mini Golf that also offers a driving range and archery field. Other nearby outdoor recreation spots include Black Hill Park with trails and boating and Seneca State Park.
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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%.
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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.
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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