17621 PRINCE EDWARD DRIVE
About This Property
You'll be less than two miles from the Olney Library, the Post Office, and downtown Olney Village, with its many shops, restaurants, Harris Teeter, Safeway and Giant!! Minutes to the Olney Theatre, Good Counsel High School, as well as MedStar Montgomery Medical Center. Nearby is Manor Oaks Park featuring a playground, soccer fields, and a baseball/softball field. Easy access to the ICC and all major routes to Washington, Baltimore, and Frederick
Make this home your own.
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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 Olney
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017