1799 DOCTOR JACK RD
About This Property
Looking for a home that not only provides privacy & tranquility on over 4 acres of land, yet is also a short drive to Main Street in Rising Sun, local breweries, trendy retail stores, & quick drive into Harford County? Then look no further! This cute Cape Cod has improvements that include new flooring on 1st floor (2019), new carpet in main level bedroom( 2023), water heater (2022), well bladder (2022), washer & dryer (2020), refrigerator (2023), stove & dishwasher (2020), septic flange replaced (2018), and is freshly painted throughout! There is a propane tank on property that is disconnected but can be reconnected if buyers would like gas. Sellers bought property in 2018 with passing well & septic and have taken great care of systems, including a yearly septic pump. Bring your finishing touches and make this house your home!
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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