18221 BARNESVILLE RD
About This Property
The Interior upgrades are; Updated appliances including washer, dryer, refrigerator, dishwasher. New blinds and lighting fixtures, Two replaced toilets, Beautifully updated owner's ensuite bath, new sliding glass door to the deck added in 2022, reverse osmosis system. In addition to the updates the home has the energy-efficient bonus of owned solar panels. The home has been meticulously maintained and updated, is move-in-ready! Conveniently located just minutes away from I-270 and the MARC train, providing an ideal small-town setting with easy access to urban amenities. This gem of a home offers both beauty and charm, inside and out. Come see for yourself and fall in love with this delightful property.
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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