16555 OLD FREDERICK ROAD
About This Property
Inside, you'll find five spacious bedrooms and three beautifully updated full bathrooms, along with a stunning, renovated kitchen designed to be the heart of the home. The adjoining dining area flows seamlessly to a screened-in porch, creating the perfect space to enjoy morning coffee, family dinners, or summer evenings surrounded by nature. The private primary suite offers its own relaxing retreat with a bright sunroom-an ideal spot to unwind with a book or simply take in the peaceful backyard views.
Step outside and discover what truly sets this property apart. The enormous backyard offers endless possibilities for entertaining, recreation, gardening, or simply enjoying the privacy and beauty of the outdoors. Spend warm afternoons in the sparkling pool, lounge on the expansive surrounding deck, or soak in the hot tub beneath the stars. Whether you're hosting gatherings or enjoying a quiet evening at home, this backyard was made to be enjoyed.
Significant updates provide peace of mind for years to come, including a new HVAC system (2025), water heater (2021), roof (2018), and replacement windows (2018). Combined with its exceptional maintenance, thoughtful improvements, and location within one of Howard County's most sought-after school districts, this is a rare opportunity to own a home that has been truly cared for inside and out.
If you've been searching for space, privacy, modern updates, and an incredible outdoor lifestyle in one of western Howard County's most desirable locations, this is the one you've been waiting for.
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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