146 CEDAR HILL DR
About This Property
Featuring an open floor plan with vaulted ceilings, large windows to enjoy the view and provide plenty of sunlight, large kitchen, living room, dining area and hardwood throughout.
Soak in the mountain air and views from the deck of the chalet.
Sitting on a 1.5 Acre wooded lot, this cabin is the perfect mountain Maryland getaway.
The great room has a southern exposure with tons of light, partially finished basement, large deck, and covered front porch for sitting and listening to the breeze coming off the mountain. Adjacent 1.85 acre lot can be purchased for an additional $35,000.
One owner who used it as a second home, never a rental and is exceptionally well maintained.
Quiet getaway to relax and 15 degrees cooler than nearby cities in the summer-time. Only 4 houses on the street. Gas fireplace in living area to watch on cold winter days.
Well water is excellent!
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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